Pakistan received 2 billion 89 million dollars from abroad in one month - Money

Pakistan obtained 2 billion 89 million {dollars} from overseas in a single month – Cash

Economy By Aug 22, 2023 No Comments

After signing a brand new mortgage settlement with the Worldwide Financial Fund (IMF), exterior funds obtained by Pakistan have elevated considerably.

In accordance with the month-to-month report on exterior monetary help, within the month of July alone, loans and help of two billion 89 million {dollars} have been obtained from overseas, which is 2 billion 70 million {dollars} greater than the identical interval of the earlier yr.

In accordance with the Financial Affairs Division, an exterior mortgage of two billion 876 million {dollars} was obtained in July, throughout which an support of 144 million 20 thousand {dollars} was obtained within the type of exterior grants.

In accordance with the report, Saudi Arabia deposited 2 billion {dollars} in deposits, obtained 100 million {dollars} from Saudi Arabia within the type of oil facility, whereas Pakistan obtained 193.6 million {dollars} from numerous worldwide organizations.

A complete of greater than 113.8 million {dollars} have been obtained from totally different nations, IMF supplied 1.2 billion {dollars}, UAE supplied 1 billion {dollars}, after the restoration of the IMF program, Pakistan has obtained 5 billion {dollars} to this point. Greater than $2.9 billion has been obtained, together with $2.9 billion in price range help.

In accordance with the Financial Affairs Division, this fiscal yr, Pakistan is prone to obtain greater than 17 billion 61 million {dollars} in exterior loans and support.

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