WEB DESK: Pakistan’s financial authorities have released detailed plans for the upcoming fiscal year 2025-26, outlining strategies for borrowing, roll-overs, and project financing.
According to the source of Ministry of Finance, Pakistan aims to secure over $25 billion in loans during the next fiscal year. This includes preparations to roll over approximately $12 billion from friendly countries such as Saudi Arabia, China, and the UAE.
For project financing, an estimated $4.6 billion has been allocated, which includes re-financing loans of $3.2 billion from China. Additionally, the government plans to obtain a new commercial loan of $1 billion from China.
The plan also includes a $2 billion tranche from the IMF, along with an estimated $2 billion in delayed payments related to Saudi oil facilities and other dues.
International financial institutions such as the World Bank and Asian Development Bank are also expected to provide project financing.
The UAE’s rollover of a safe deposit is assigned to the central bank, while the Ministry of Finance will handle installments related to IMF’s EFF (Extended Fund Facility) loans.
Sources of the Ministry of Finance indicate that, approximately $19.5 to $20 billion in obligations fall under the jurisdiction of the Economic Affairs Division, emphasizing the strategic measures aimed at maintaining economic stability.
This financial strategy is considered a significant step toward economic growth and the stabilization of external debt for Pakistan.