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Tag Archives: Pakistan receives $9.53bn in foreign loans

Pakistan receives $9.53bn in foreign loans


March 22, 2024

ISLAMABAD: Pakistan authorities could materialise about $6.68 billion in foreign economic assistance (FEA) in the first eight months of the current fiscal year, almost 38pc of the annual budget target. The borrowing avenues remained limited in the wake of poor credit rating and adverse conditions in the global financial markets despite the support of the International Monetary Fund (IMF), the …

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