ISLAMABAD: The federal government has budgeted Rs 5.777 trillion or over $20.4 billion to be acquired through external financing for the fiscal year 2025-26, showed the budget documents.
The government is estimated to borrow Rs 5.777 trillion from international donors in the next fiscal year 2025-26, which is almost equal to what it estimated in the outgoing fiscal year.
Interestingly, Pakistan has not budgeted any amount specifically from the International Monetary Fund (IMF). Pakistan is currently seeking a new loan programme from the IMF. The total external financing expected from multilateral and bilateral sources was clocked at Rs 460 billion, covered in the IMF extended fund facility.
Without mentioning from which institution the loan would be taken, the budget documents show loans worth Rs 5.047 trillion estimated for federal autonomous bodies in the next fiscal year which included project (PSDP) loans of Rs 215.71 billion.
The breakup also showed program loans of Rs 418.699 billion to be received by federal, autonomous bodies and provinces in the next financial year.
Budget documents show other loans of Rs 4.4 trillion without stating details The external receipt for next fiscal year also included project grants of Rs 13.2 billion.
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