Pakistan, May 24 -- Pakistan received $16.08 billion in foreign loans and grants during the first ten months of the 2024-25 fiscal year, nearing its annual target of $19.2 billion by June 30. About half of this total consisted of rollover loans from China, Saudi Arabia, and the United Arab Emirates (UAE). These rollovers help Pakistan manage its debt repayments and keep its reserves stable.

Fresh loan and grant inflows from July to April were $6.086 billion, down nearly 15% compared to the previous year. This decrease mainly resulted from delays in the International Monetary Fund's (IMF) bailout payments. The IMF disbursed $1 billion as an upfront payment under its $7 billion Extended Fund Facility earlier in the year, with another $1 bi...