Pakistan, March 20 -- Pakistan has secured nearly $12 billion in foreign loans during the first eight months of FY25, aiming to exceed its $19.2 billion target by June. A significant portion-$6 billion-came from rollovers by China, Saudi Arabia, and the UAE, while fresh loans fell 25% to $5.95 billion compared to last year. The Economic Affairs Division (EAD) reported that total Foreign Economic Assistance (FEA) stood at $4.95 billion, excluding the $1 billion IMF disbursement received in October.

Pakistan's external financing heavily relies on rollovers, with $3 billion from Saudi Arabia, $2 billion from the UAE, and $1 billion from China. China further rolled over $2 billion in March, increasing its total to $3 billion. The government ...