Karachi(September 07, 2018): The Pakistani government is likely to take a loan of $9.69 billion during the fiscal year 2018-19.
According to the Economic Affairs Division, the government can issue euros and Sukuk (Islamic) bonds worth $3 billion, while loans of $2 billion can be taken from commercial banks.
The government is likely to take loans of $840 million from China.
The Asian Development Bank can lend Pakistan $1.38 billion, the Islamic Development Bank can provide $1 billion and the World Bank can loan out an amount of $700 million.
In July 2018, Pakistan took a loan of nearly $470 million.
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