ISLAMABAD: Pakistan received $16.08 billion in foreign loans and grants in the first 10 months of 2024-25, compared to an annual target of $19.2bn by June 30.

While half of this portfolio was legacy rollovers from China, Saudi Arabia and the United Arab Emirates, fresh loans and grant inflows amounted to $6.086bn in July-April, almost 15 per cent lower than the comparable period of last fiscal year.

In its monthly report on Foreign Economic Assistance (FEA) released on Friday, the Economic Affairs Division (EAD) said that against its annual target of $19.4bn, FEA in July-April amounted to $6.086bn compared to $7.142bn in the same period last year with an annual target of $17.6bn.

This does not include about $1bn disbursed by the IMF in October as an upfront payment under the $7bn ongoing Extended Fund Facility........

© Dawn Business