ISLAMABAD: Pakistan received a total of USD 1.703 billion in foreign economic assistance during the first two months of the financial year (FY) 2026-27, which is 23.61 percent higher than the USD 1.377 billion received during the same period of FY2025-26.
According to data released by the Economic Affairs Division (EAD) here on Tuesday, multilateral and bilateral loans and grants received in August 2026 amounted to USD 626.19 million, compared to USD 252.83 million received in the previous month.
During August, Pakistan did not receive any amount from China, whereas China had provided a USD 146.62 million loan in the preceding month.
Out of the total foreign economic assistance of USD 1.703 billion, USD 929.76 million was received for budgetary support, including USD 96.98 million in programme loans and USD 191.26 million in short-term International Bank for Reconstruction and Development (IBRD) financing. Of the total assistance, USD 1.218 billion was received on account of non-project loans, while USD 484.56 million was received for project loans.
According to data, in July-August 2026, the country received a total amount of USD 35.2 million on account of bilateral loans and grants, of which USD 12.87 million from Germany, USD 8.90 million from Saudi Arabia, USD 8.52 million from France, USD 3.15 million from Denmark, USD 1.71 million from Japan, and USD 0.08 million from the USA.
On account of multilateral loans and grants in July-August, Pakistan received a total of USD 590.96 million in loans and grants, including an amount of USD 238.49 million from the IDA, USD 191.96 million from IDB (ST), USD 95.76 million from the ADB, USD 13.35 million from AIIB, USD 2.05 million from IFAD, USD 1.75 million from IDB, and USD 0.76 million from the OPEC Fund.
In July-August 2026, the country received a total of USD 12.63 million in bilateral grants, of which USD 10.73 million from Germany, USD 1.57 million from Japan, USD 0.25 from Saudi Arabia, and USD 0.08 million from the USA.
In August, the country received a total of USD 337.96 million in loans from various partners, including an amount of USD 168.55 from IDB (ST), USD 107.84 million from IDA, USD 36.42 million from ADB, USD 18.32 million from IBRD, USD 6.78 million from AIIB and USD 0.05 million from IFAD.
Total foreign commercial borrowing through the Naya Pakistan Certificate (NPC) scheme amounted to USD 1.34 billion in July-August 2026, comprising USD 300 million from UBL Dubai, USD 182.24 under NPC conventional, and USD 447.52 million under the NPC Islamic facility.
In August Pakistan attained USD 936.04 million from commercial banks and on account of NPC of which USD 300 million UBl Dubai, USD 200.85 from NPC Islamic, and USD 84.92 billon from NPC Conventional.
Copyright Business Recorder, 2026
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