KARACHI: Pakistan has received $4.9 billion in external financial assistance during the first eight months (July-February) of the current fiscal year, according to a report released by the Economic Affairs Division.
The country has set a foreign funding target of $19.2 billion for the entire fiscal year (July to June). However, as of February, only a fraction of this target has been met.
The World Bank provided $880 million, while Chinese banks lent $300 million.
The report highlights the challenges Pakistan faces in securing external funding to meet its $19.2 billion target, which is crucial for managing economic stability and debt
