Pakistan has received more than $3 billion in external loans during the first five months (July–November) of the current fiscal year 2025-26, according to sources in the Economic Affairs Division.
The funding marks an increase of 13.64 percent, or $364 million, compared to the same period last year, when the country secured $2.66 billion in external loans.
International financial institutions provided $1.25 billion, while foreign governments contributed $807.6 million. Investments under the “New Pakistan Certificates” scheme brought in an additional $965.9 million.
Major lenders during this period included the World Bank, Asian Development Bank (ADB), Islamic Development Bank, and Saudi Arabia. In Pakistani rupee terms, the total loans amounted to Rs 858.27 billion, up from Rs 741 billion in the same period last year, an increase of Rs 117 billion.
Of this, non-project aid accounted for over Rs 531 billion, including more than Rs 273 billion in budget support. The Islamic Development Bank provided Rs 109 billion in short-term loans. Saudi Arabia extended a $500 million (Rs 141.76 billion) oil facility, while over Rs 327 billion was allocated for various development projects.
Pakistan also received Rs 1.532 billion in grants between July and November. Sources estimate that total external financial assistance for the fiscal year 2025-26 could reach around $20 billion.