Pakistan received more than $16 billion in external financing during the last fiscal year, according to official documents, helping the country meet its financing needs despite falling short of its annual borrowing target.
The documents show Pakistan secured over $16 billion (approximately Rs4.52 trillion) in external loans during the fiscal year against a target of $19.92 billion, leaving a shortfall of $3.07 billion.
External financing accelerated significantly toward the end of the fiscal year, with the country receiving more than $4 billion in June 2026 alone, making it one of the largest monthly inflows of the year.
Saudi Arabia remained Pakistan’s largest bilateral financial partner, providing $3 billion in fresh deposits to strengthen the country’s foreign exchange reserves.
According to the documents, the Kingdom also extended a $1 billion loan and provided $1 billion in oil financing, offering additional support for Pakistan’s external financing requirements.
Multilateral financial institutions collectively provided more than $5 billion in financing during the fiscal year.
The Asian Development Bank (ADB) extended $1.77 billion in loans, while the World Bank provided more than $1.5 billion, according to the official documents.