In a significant development, Pakistan has secured agreements worth USD 10.643 billion with development partners and foreign commercial banks during June-July 2024-25, as reported by Profit by Pakistan Today. This financial support is aimed at addressing fiscal imbalances, bolstering foreign exchange reserves, and financing development activities. The commitments include USD 5.061 billion from multilateral development partners, USD 1.289 billion from bilateral partners, and USD 4.294 billion from foreign commercial banks, with around 40 percent allocated for budgetary support and balance-of-payments needs. This influx of funds comes as Pakistan continues to face challenges in securing foreign loans, having only received USD 54 million out of a budgeted USD 3.1 billion in foreign commercial loans for the current fiscal year.
FINANCE
Pakistan Secures $10.643 Billion Financing Agreements for Development

Pakistan secures $10.643B in funding from global partners to address fiscal imbalances, boost reserves, and implement a 15-point plan to tackle governance issues as it seeks economic stability.
Detailed Analysis
COVERAGE ACROSS SOURCES
How different outlets covered this story.
3 outlets · 5 articles
Filter:
PBPT
Profit by Pakistan Today
Updated 7h agoPakistan signs agreements worth USD 10.643 billion in June‑July 2024‑25FEB 19, 3:41 PMRead →Pakistan to secure $600 million loan from Standard Chartered to bolster forex reservesFEB 19, 2:34 AMRead →Pakistan launches 15-point action plan for IMF review to tackle corruption, governance issuesFEB 19, 2:00 AMRead →
PR
ProPakistani
Updated 18h agoTL
Tribune Latest
Updated 1 day agoYT