بدنام تو منی ہو گی، آپ کو کس چیز کی فکر?نہیں جی رین دیو پلیز
بدنام تو منی ہو گی، آپ کو کس چیز کی فکر?نہیں جی رین دیو پلیز
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
Govt doesn't have money to pay salaries to govt employees. Every 2-3 weeks a different ministry or Govt Institute is failing to pay out the wages.and tell us what are the ground realities?
Hey, I didn’t say it. She did….Hahaha…you mean fixes every thing in Adiala Jail??
Hahaha….Ok whosoever. ?Hey, I didn’t say it. She did….
Nawaz will come and fix everything, says Maryam
WAZIRABAD - PML-N Vice President Maryam Nawaz on Monday said that people from all walks of life were struggling to survive due to the inflation caused by thenation.com.pk
Raja Chawal since 2018July-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