Pakistan secures $11 billion in foreign assistance in 10 months of FY26, up 68%

Pakistan received $11.068 billion in foreign assistance during the first 10 months of FY2025-26, marking an increase of 67.7% compared to $6.6 billion received during the corresponding period last fiscal year, according to data released by the Economic Affairs Division.

The inflows included multilateral and bilateral loans, grants and foreign commercial financing.

According to the data, foreign assistance during April 2026 stood at $395.63 million compared to $339.84 million in March.

During April, Pakistan received bilateral loans and grants amounting to $103.39 million, including a $101.68 million loan from Saudi Arabia and a grant of $0.09 million from Germany.

Multilateral lenders disbursed $273.01 million in April, including $203.93 million from the Islamic Development Bank, $35.27 million from the Asian Development Bank, $24.36 million from the International Bank for Reconstruction and Development and $9.44 million from the Asian Infrastructure Investment Bank.

During July-April FY26, bilateral loans and grants totalled $1.27 billion, including grants of $2.62 million and loans of $1.226 billion.

Multilateral loans and grants during the same period reached $2.878 billion, including $74.01 million in grants and $2.804 billion in loans.

Among bilateral donors, Japan provided grants of $19.20 million, followed by China with $10.57 million, Saudi Arabia with $3.31 million and Germany with $3.32 million.

Total bilateral loans during the period included $292.82 million in Chinese guaranteed loans, $72.28 million in loans from China, $71.15 million from Denmark, $49.99 million from France and $1.011 billion from Saudi Arabia.

The largest multilateral lender during the period was the International Development Association with $1.024 billion, followed by the Asian Development Bank with $747.12 million.

The Islamic Development Bank provided a short-term loan of $483.78 million, while the International Bank for Reconstruction and Development disbursed $374.76 million.

The Asian Infrastructure Investment Bank extended $98.30 million, the Islamic Development Bank provided another $56.13 million and the International Fund for Agricultural Development disbursed $18.67 million.

Foreign commercial borrowing under the Naya Pakistan Certificate scheme amounted to $330.49 million in April, including $87.23 million under the conventional facility and $243.26 million under the Islamic facility.

Cumulative inflows under the Naya Pakistan Certificate scheme reached $2.037 billion during July-April FY26.

The data also showed that Saudi Arabian time deposits amounting to $3 billion were recorded in April, significantly boosting monthly financing inflows.

Non-project aid during April stood at $4.21 billion, including $4.075 billion in budgetary support and $100 million under the Saudi Fund for Development oil facility.