ISLAMABAD: Pakistan received around $1.7 billion in foreign loans and financial assistance during July and August 2026, marking a 23.6% increase compared with the $1.37 billion secured during the same period last year.
Data on federal government borrowing showed that the amount was equivalent to approximately Rs476 billion, compared with Rs391 billion received in the corresponding period of the previous fiscal year.
Of the total external financing, around $484.5 million was secured for development projects, while approximately $1.21 billion came through non-project financing.
Multilateral lenders accounted for more than $590 million of the funds received during the two-month period.
The World Bank provided $238.4 million, followed by the Islamic Development Bank with $191.2 million and the Asian Development Bank with $95.7 million.
According to the Economic Affairs Division, bilateral assistance from various countries amounted to $35.2 million. Germany contributed $12.8 million, while Saudi Arabia provided $8.9 million.
China, however, did not extend any financial assistance to Pakistan during the first two months of the current fiscal year.
Separately, Pakistan raised $629.7 million through Naya Pakistan Certificates, while another $300 million was obtained through foreign commercial bank borrowing.
The figures reflect Pakistan’s continued reliance on external financing to meet development and budgetary requirements during the early months of the new fiscal year.
