Pakistan secured approximately $27 billion in foreign funding during the last fiscal year, relying heavily on rollover support from Saudi Arabia and China to stabilize its foreign exchange reserves. Of this total inflow, $16 billion consisted of fresh borrowing, while the remainder was comprised of extended loan agreements from key international partners.
In an effort to further strengthen its economic position, the Pakistani government is currently seeking a $10 billion economic support facility from the United States. Finance Minister Muhammad Aurangzeb has requested this assistance to support a road-to-market strategy, increase foreign exchange reserves, and improve the nation's sovereign credit ratings.
In-depth summary · AI, neutral