Lord Commander John Snow
MPA (400+ posts)
Pakistan provisionally received $4.1 billion .i.e. 51 percent of budgeted estimates of foreign assistance from multilateral and bilateral donors in [FONT=&]first[/FONT] half of the current financial year against $4.15 billion during the same period of last year.
The Economic Affairs Division (EAD) data revealed that the good inflow in the current financial year is mainly because of over $900 million loans taken from commercial banks and issuance of Sukuk bonds of one billion dollars. The country received $978 million in the month of December including $929.17 million loans and $48.93 million grants.
The government has budgeted foreign assistance of $7.998 billion for 2016-17 including grants and loans against $9.18 billion budgeted for 2015-16. The budgeted estimates include a significant amount of $2.005 billion from commercial banks for 2016-17.
The latest figures show that the country provisionally received $3.35 billion in loans and $172.12 million grant in the current fiscal year.
Pakistan received $847.96 million from China in the first half of the current fiscal year including $363.61 million in the month of December, surpassing the budgeted $572.3 million for the current financial year. The country has received $561 million during the same period of last year.
Heres how much Pakistan has received from various [FONT=&]organizations[/FONT] and countries in this current financial year:
The government received no assistance from EU, France, Korea, Norway, Oman, Saudi Arabia, UNDP and Organization of the Petroleum Exporting Countries (OPEC) during the period under review.
Source
The Economic Affairs Division (EAD) data revealed that the good inflow in the current financial year is mainly because of over $900 million loans taken from commercial banks and issuance of Sukuk bonds of one billion dollars. The country received $978 million in the month of December including $929.17 million loans and $48.93 million grants.
The government has budgeted foreign assistance of $7.998 billion for 2016-17 including grants and loans against $9.18 billion budgeted for 2015-16. The budgeted estimates include a significant amount of $2.005 billion from commercial banks for 2016-17.
The latest figures show that the country provisionally received $3.35 billion in loans and $172.12 million grant in the current fiscal year.
Pakistan received $847.96 million from China in the first half of the current fiscal year including $363.61 million in the month of December, surpassing the budgeted $572.3 million for the current financial year. The country has received $561 million during the same period of last year.
Heres how much Pakistan has received from various [FONT=&]organizations[/FONT] and countries in this current financial year:
- Asian Development Bank (ADB): $676.38 million which includes $474.35 million in the month of December against the budgeted estimates of $1048.2 million.
- International Development Association (IDA): $72.27 million
- IDB (S-Term): $212 million
- USA: $40.52 million
- International Bank for Reconstruction and Development (IBRD): $127.21 million
- UNHCR: $0.49 million
- IDB: $30.15 million
- Japan: $42.8 million
The government received no assistance from EU, France, Korea, Norway, Oman, Saudi Arabia, UNDP and Organization of the Petroleum Exporting Countries (OPEC) during the period under review.
Source
