PAKISTAN'S FOREIGN LOANS REACH USD 2.8BN IN JULY
The Business Guardian|August 24, 2023
In July 2023, international loans reached USD 2.8 billion, up from a pitiful USD 185 million in the identical month the earlier 12 months (2022)
PAKISTAN'S FOREIGN LOANS REACH USD 2.8BN IN JULY

In the first month (July 2023) of the current fiscal year, Pakistan’s total foreign loans increased to USD 2.8 billion as a result of additional USD 2 billion time deposits from the Kingdom of Saudi Arabia (KSA) and USD 508 million in guaranteed loans from China for the Pakistan Air Force to purchase “Dragon” multirole fighter aircraft. These two substantial foreign loans helped raise foreign loans in July 2023 to USD 2.8 billion from a paltry USD 185 million in the same month the previous year (2022). Pakistan also received $100 million from the KSA in the shape of an oil facility in July 2023. All of these influxes of dollars helped Islamabad build up its foreign exchange reserves held by the State Bank of Pakistan (SBP).

この記事は The Business Guardian の August 24, 2023 版に掲載されています。

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この記事は The Business Guardian の August 24, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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