The report stated that $2.65 billion in foreign funding has been received in the form of budget support.


Islamabad: In the first quarter of this financial year, Pakistan received foreign funds of 3.52 billion dollars.
According to details, the report issued by Ministry of Economic Affairs stated that the funding received in the first quarter consisted of 3.49 billion dollars in loans and 34 million in grants.
The report stated that $2.65 billion in foreign funding has been received in the form of budget support and $874 million in project assistance.
According to the report of the Ministry of Economic Affairs, funds of 2.234 billion dollars were received in the same period last year. During the first quarter of this fiscal year, the external funding of Pakistan has increased by 58%.
The report added, $2.89 billion funding was received in the first quarter immediately after the agreement with International Monetary Fund (IMF) which included $1.2 billion from the IMF and $1 billion from the United Arab Emirates (UAE), August.
Pakistan received $321 million in foreign funding in the month of September compared to $316 million in September last year.
According to the report, $2 billion was received from Saudi Arabia, $508 million from China, $490.5 million from various institutions and $324.5 million received as mutual loans.
The report by the Ministry of Economic Affairs also stated that $204.5 million was received from the Naya Pakistan Certificate, for a total foreign funding estimate of $17.62 billion during the current fiscal year.

Top TTP commander among four Kharji killed in Bajaur operation: ISPR
- 7 گھنٹے قبل

Why Taylor Swift made herself the villain
- 16 گھنٹے قبل

The tax avoidance playbook
- 16 گھنٹے قبل

PM Shehbaz directs probe to identify those involved in sales tax fraud
- 5 گھنٹے قبل

The GOP’s antisemitism crisis
- 7 گھنٹے قبل

Is the US killing innocent people?
- 16 گھنٹے قبل

What scientists saw underwater in Florida left them “shocked” — and devastated
- 16 گھنٹے قبل

Security Forces killed 18 terrorists of Indian proxy, Fitna al Hindustan in Balochistan
- 12 گھنٹے قبل

CM Sohair Afridi writes letter to IHC for registering contempt of court case against Adiala jail authorities
- 14 گھنٹے قبل

Trump optimistic about to end the trade war between the world’s two largest economies
- 14 گھنٹے قبل

What a pastor saw ICE do to protesters outside Chicago
- 7 گھنٹے قبل

Pakistan seeks peace with neighbors but will not tolerate terrorism from Afghanistan:FM Asim Munir
- 3 گھنٹے قبل










