Pak receives $7.41b external inflows

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Islamabad

Pakistan received $7.41 billion external inflows during the first nine months of the current fiscal year (July-March 2020-21) from multiple financing sources, which are 61 percent of the annual budget estimates of $12.23 billion for the entire financial year.

According to the data shared by the Economic Affairs Division, the country continued to rely on foreign commercial borrowing as it was recorded at $3.12 billion in 9MFY21 out of $7.41 billion (42 percent) owing to the repayment of maturing foreign commercial loans.—TLTP