ISLAMABAD: Pak­istan has received almost $12bn foreign loans in the first eight months (July-February) of 2024-25, aiming to cross the $19.2bn target 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 $5.95bn in eight months, almost 25pc lower than the comparable period of last fiscal year.

In its monthly report on Foreign Economic Assis­tance (FEA) released on Wednesday, the Economic Affairs Division (EAD) said that against its annual target of $19.4bn (including grants), total FEA in 8MFY25 amounted to $4.953bn when compared to $6.678bn in the same period last year with the annual target of $17.6bn.

This does not include about $1bn disbursed by the IMF in October 2024 as an upfront payment under the........

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