Pakistan’s external debt has increased by $4.98 billion during the current fiscal year, according to official data.
In the first ten months alone, the country received more than $11 billion in loans and grants from various international sources.
The figures highlight a sharp rise in external financing compared to the same period last year.
Loans and grants cross $11bln mark
According to documented figures, Pakistan secured loans and grants worth over $11 billion between July and April of fiscal year 2025–26.
This amount is equivalent to approximately Rs 3,103.53 billion. The total includes around Rs 34.33 billion in grants.
Officials noted that this represents a significant increase in external borrowing activity during the current fiscal year.
Sharp increase compared to last year
Data shows that Pakistan received $6 billion in loans during the same period last year.
This means borrowing has increased by 82% compared to the previous fiscal year’s first ten months.
The rise reflects increased reliance on external financing to meet fiscal and external account needs.
April 2026 sees major inflows
In April 2026 alone, Pakistan received $4.47 billion in external financing.
This includes a $2.5 billion loan from the International Monetary Fund (IMF), which was part of ongoing financial support arrangements.
Breakdown of external financing
Official records provide a detailed breakdown of inflows during the period:
- $8.31 billion received as non-project aid
- $2.75 billion received as project aid
- $120 million received in grants from various countries and institutions
Additionally, Saudi Arabia provided significant financial support, including:
- $1 billion worth of oil on deferred payment
- $3 billion in deposits during the period
Documents estimate that Pakistan is expected to borrow a total of $19.39 billion during fiscal year 2025–26.
This projection indicates continued reliance on external financing to support economic and development needs.
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