July-August 2021-22: Pakistan incurs foreign debt of $2.376bn

[RajaRawal111]

July-August 2021-22: Pakistan incurs foreign debt of $2.376bn from multiple financing sources​

ISLAMABAD: Pakistan incurred foreign debt of $2.376 billion from multiple financing sources in the first two months (July-August) of 2021-22 including $363.26 million from foreign commercial banks (15 percent) against the total budgeted external loans of $14.088 billion for the entire fiscal year.

The data of Ministry of Economic Affairs, released on Wednesday, shows that the government has budgeted estimates of foreign assistance of $14.088 billion for the current financial year including $13.871 billion loans and $217.44 million grants from multilateral and bilateral sources.

The external inflows during the corresponding period (July-August) of fiscal year 2020-21 were $2.248 billion including $149 million from foreign commercial banks against the budgeted amount of $12.233 billion.

The country received $780.88 million from multiple financing sources in August 2021 including $215 million from foreign commercial banks i.e. 27 percent.

The total receipt of $2.376 billion constitutes $879.40 million from multilateral, $91.90 million from bilateral, $363.26 million from foreign commercial banks, and $1.041 billion from issuance of bonds.

According to the official data, non-project aid remained $1.837 billion, while project aid was $539.10 million during the first two months of the current financial year.

The government borrowed $363.26 million from foreign commercial banks during the first two months of the current fiscal year including $215 million from Dubai Bank, $87.26 million from SCB (London), and $61 million from Ajman Bank PJSC.

Among the multilateral development partners, mainly the Asian Development Bank provided $280.73 million, the World Bank disbursed $142.37 million, the AIIB $37.77 million, andthe IDB (S-Term) $413.21 million.

However, from bilateral sources, China disbursed $73.35 million, the USA $14.77 million, Korea $1.59 million, and Germany $2 million.

Copyright Business Recorder, 2021

July-August 2021-22: Pakistan incurs foreign debt of $2.376bn from multiple financing sources

ISLAMABAD: Pakistan incurred foreign debt of $2.376 billion from multiple financing sources in the first two months...

www.brecorder.com

 

[Truthstands]

Yours absconder leadet money laundering is being paid now with new debts.
You can change name but cant change your blood. Bublo dubloo

 

[bl0u81]

Also Govt doesn't have money to pay salaries anymore. Every 2-3 weeks a different ministry or Govt Institute is failing to pay out the wages.
But someone people are too busy sucking upto IK and don't even bother to look at the ground realities.

 

[Doom1111]

Yours absconder leadet money laundering is being paid now with new debts.
You can change name but cant change your blood. Bublo dubloo

That amount mostly was taken to pay CAD of 1.5 billion dollar of August alone, which used for consumption growth and luxury products. Please get your facts correct.

 

[NasNY]

Thanks, overseas Pakistanis will increase their remittance next month.

Anything for Pakistan.

 

[Doom1111]

Also Govt doesn't have money to pay salaries anymore. Every 2-3 weeks a different ministry or Govt Institute is failing to pay out the wages.
But someone people are too busy sucking upto IK and don't even bother to look at the ground realities.

amount mostly was taken to pay CAD of 1.5 billion dollar of August alone, which used for consumption growth and luxury products.

 

[ahameed]

July-August 2021-22: Pakistan incurs foreign debt of $2.376bn from multiple financing sources​

ISLAMABAD: Pakistan incurred foreign debt of $2.376 billion from multiple financing sources in the first two months (July-August) of 2021-22 including $363.26 million from foreign commercial banks (15 percent) against the total budgeted external loans of $14.088 billion for the entire fiscal year.

The data of Ministry of Economic Affairs, released on Wednesday, shows that the government has budgeted estimates of foreign assistance of $14.088 billion for the current financial year including $13.871 billion loans and $217.44 million grants from multilateral and bilateral sources.

The external inflows during the corresponding period (July-August) of fiscal year 2020-21 were $2.248 billion including $149 million from foreign commercial banks against the budgeted amount of $12.233 billion.

The country received $780.88 million from multiple financing sources in August 2021 including $215 million from foreign commercial banks i.e. 27 percent.

The total receipt of $2.376 billion constitutes $879.40 million from multilateral, $91.90 million from bilateral, $363.26 million from foreign commercial banks, and $1.041 billion from issuance of bonds.

According to the official data, non-project aid remained $1.837 billion, while project aid was $539.10 million during the first two months of the current financial year.

The government borrowed $363.26 million from foreign commercial banks during the first two months of the current fiscal year including $215 million from Dubai Bank, $87.26 million from SCB (London), and $61 million from Ajman Bank PJSC.

Among the multilateral development partners, mainly the Asian Development Bank provided $280.73 million, the World Bank disbursed $142.37 million, the AIIB $37.77 million, andthe IDB (S-Term) $413.21 million.

However, from bilateral sources, China disbursed $73.35 million, the USA $14.77 million, Korea $1.59 million, and Germany $2 million.

Copyright Business Recorder, 2021

July-August 2021-22: Pakistan incurs foreign debt of $2.376bn from multiple financing sources

ISLAMABAD: Pakistan incurred foreign debt of $2.376 billion from multiple financing sources in the first two months...

www.brecorder.com

راجہ جی ن لیگ کے آخری تین سال اور پی ٹی آئی کے پہلے تین سالوں کا موازنہ ہو جائے پلیز—-

 

[bl0u81]

amount mostly was taken to pay CAD of 1.5 billion dollar of August alone, which used for consumption growth and luxury products.

Worse kind of mismanagement?

 

[RajaRawal111]

راجہ جی ن لیگ کے آخری تین سال اور پی ٹی آئی کے پہلے تین سالوں کا موازنہ ہو جائے پلیز—-

نہیں جی رین دیو پلیز

 

[Truthstands]

That amount mostly was taken to pay CAD of 1.5 billion dollar of August alone, which used for consumption growth and luxury products. Please get your facts correct.

Looks like patwari are the only one knows facts rest the world is stupid.
Why loan was taken by the absconder when import bill was over 30b?
Now only 5b important bill is causing so much pain becuase no way to export money out via TTs in HK and Singapore.

 

[surfer]

July-August 2021-22: Pakistan incurs foreign debt of $2.376bn from multiple financing sources​

ISLAMABAD: Pakistan incurred foreign debt of $2.376 billion from multiple financing sources in the first two months (July-August) of 2021-22 including $363.26 million from foreign commercial banks (15 percent) against the total budgeted external loans of $14.088 billion for the entire fiscal year.

The data of Ministry of Economic Affairs, released on Wednesday, shows that the government has budgeted estimates of foreign assistance of $14.088 billion for the current financial year including $13.871 billion loans and $217.44 million grants from multilateral and bilateral sources.

The external inflows during the corresponding period (July-August) of fiscal year 2020-21 were $2.248 billion including $149 million from foreign commercial banks against the budgeted amount of $12.233 billion.

The country received $780.88 million from multiple financing sources in August 2021 including $215 million from foreign commercial banks i.e. 27 percent.

The total receipt of $2.376 billion constitutes $879.40 million from multilateral, $91.90 million from bilateral, $363.26 million from foreign commercial banks, and $1.041 billion from issuance of bonds.

According to the official data, non-project aid remained $1.837 billion, while project aid was $539.10 million during the first two months of the current financial year.

The government borrowed $363.26 million from foreign commercial banks during the first two months of the current fiscal year including $215 million from Dubai Bank, $87.26 million from SCB (London), and $61 million from Ajman Bank PJSC.

Among the multilateral development partners, mainly the Asian Development Bank provided $280.73 million, the World Bank disbursed $142.37 million, the AIIB $37.77 million, andthe IDB (S-Term) $413.21 million.

However, from bilateral sources, China disbursed $73.35 million, the USA $14.77 million, Korea $1.59 million, and Germany $2 million.

Copyright Business Recorder, 2021

July-August 2021-22: Pakistan incurs foreign debt of $2.376bn from multiple financing sources

ISLAMABAD: Pakistan incurred foreign debt of $2.376 billion from multiple financing sources in the first two months...

www.brecorder.com

Dont worry raja bhai.

99 days until nawaz comes back and fixes everything!

 

[Onlypakistan]

نہیں جی رین دیو پلیز

APNI NOKRI KI PARWA KEYE BAGHAIR RAJA JI ZARA APNI NANI QATRI SAE POCHNA TUMAREY TUBBAR K PAS ITNI DOLAT KAESEY AAI .

 

[RajaRawal111]

APNI NOKRI KI PARWA KEYE BAGHAIR RAJA JI ZARA APNI NANI QATRI SAE POCHNA TUMAREY TUBBAR K PAS ITNI DOLAT KAESEY AAI .

تسی آپوں پچھو جی

 

[Onlypakistan]

تسی آپوں پچھو جی

AE TE FAER KOI GUL NA HOI ,TUSI BAS NAREY HI MARAN WALEY O

 

[RajaRawal111]

AE TE FAER KOI GUL NA HOI ,TUSI BAS NAREY HI MARAN WALEY O

Jee

 

[Saboo]

Also Govt doesn't have money to pay salaries anymore. Every 2-3 weeks a different ministry or Govt Institute is failing to pay out the wages.
But someone people are too busy sucking upto IK and don't even bother to look at the ground realities.

and tell us what are the ground realities?

 

[Terminator;]

July-August 2021-22: Pakistan incurs foreign debt of $2.376bn from multiple financing sources​

ISLAMABAD: Pakistan incurred foreign debt of $2.376 billion from multiple financing sources in the first two months (July-August) of 2021-22 including $363.26 million from foreign commercial banks (15 percent) against the total budgeted external loans of $14.088 billion for the entire fiscal year.

The data of Ministry of Economic Affairs, released on Wednesday, shows that the government has budgeted estimates of foreign assistance of $14.088 billion for the current financial year including $13.871 billion loans and $217.44 million grants from multilateral and bilateral sources.

The external inflows during the corresponding period (July-August) of fiscal year 2020-21 were $2.248 billion including $149 million from foreign commercial banks against the budgeted amount of $12.233 billion.

The country received $780.88 million from multiple financing sources in August 2021 including $215 million from foreign commercial banks i.e. 27 percent.

The total receipt of $2.376 billion constitutes $879.40 million from multilateral, $91.90 million from bilateral, $363.26 million from foreign commercial banks, and $1.041 billion from issuance of bonds.

According to the official data, non-project aid remained $1.837 billion, while project aid was $539.10 million during the first two months of the current financial year.

The government borrowed $363.26 million from foreign commercial banks during the first two months of the current fiscal year including $215 million from Dubai Bank, $87.26 million from SCB (London), and $61 million from Ajman Bank PJSC.

Among the multilateral development partners, mainly the Asian Development Bank provided $280.73 million, the World Bank disbursed $142.37 million, the AIIB $37.77 million, andthe IDB (S-Term) $413.21 million.

However, from bilateral sources, China disbursed $73.35 million, the USA $14.77 million, Korea $1.59 million, and Germany $2 million.

Copyright Business Recorder, 2021

July-August 2021-22: Pakistan incurs foreign debt of $2.376bn from multiple financing sources

ISLAMABAD: Pakistan incurred foreign debt of $2.376 billion from multiple financing sources in the first two months...

www.brecorder.com

اِن سارے قرضوں کا ایک بہت بڑا حصّہ وڈے دَلّے کے دورِ خلافت میں کئے گئے سریش نما بد بُودار دستوں کے لئے ھارپک، ، سویپ ، وائپر، لوٹے بالٹی، اور پریشر پمپ جیسے صفائی کا سامان
خریدنے پر خرچ ہوتاہے،،، سمجھے پٹواری حرامزادے
​

 

[Saboo]

APNI NOKRI KI PARWA KEYE BAGHAIR RAJA JI ZARA APNI NANI QATRI SAE POCHNA TUMAREY TUBBAR K PAS ITNI DOLAT KAESEY AAI .

ہاہاہا….نانی قطری نے تو کئی دفعہ کہا ہے کہ یہ ہماری خون پسینے کی کمائی ہے
جو ہمارے راستے میں آے ہم اسکا خون کر دیتے ہیں اور جو مزدور ہماری فیکٹریز
میں کام کرتے ہیں ہم انکی گانڈ سے بھی پسینہ نکال لیتے ہیں...محنت کا پھل ہمیشہ
میٹھا ہوتا ہے…….اب اس میں کیا ?

 

[Saboo]

Dont worry raja bhai.

99 days until nawaz comes back and fixes everything!

Hahaha…you mean fixes every thing in Adiala Jail??

 

[RajaRawal111]

اِن سارے قرضوں کا ایک بہت بڑا حصّہ وڈے دَلّے کے دورِ خلافت میں کئے گئے سریش نما بد بُودار دستوں کے لئے ھارپک، ، سویپ ، وائپر، لوٹے بالٹی، اور پریشر پمپ جیسے صفائی کا سامان
خریدنے پر خرچ ہوتاہے،،، سمجھے پٹواری حرامزادے
​

سمجھ گیا سمجھ گیا --- تجھے نوکری کے لئے سامان چاہیے ہوتا ہے - اس پر خرچہ آتا ہے