Pakistan's received $6.4b loans in five months
Pakistan secured $6.4 billion in foreign loans during the first five months of the current fiscal year, which was equal to one-fourth of the revised annual requirement, amid hopes for a surge in disbursement in the coming weeks on the back of some 'bullet borrowing'.
The Economic Affairs Division (EAD) reported on Monday that the country received a little over $400 million in foreign loans during November 2023. Barring July, foreign loan receipts remained low in the other four months – a trend that is expected to reverse by next month.
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