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Pakistan received over $72.26b in 27 years
 
September 20, 2012
 
 
Pakistan received over $72.26b in 27 years



LAHORE – Pakistan received over $72.26 billion in the shape of grants and loans from different countries and international financial institutions during 1985 to June 2012.
During this period, 24 countries and 13 different global lending agencies gave loans of over $59.24 billion to Pakistan while 32 states and 13 financial organisations lent country over $13.02 billion in the shape of grants. Cash received against IMF stand-by programme is not included in these figures, it has been learnt.
According to figures released by Financial Division, from 1985 to June 2012, Pakistan received $15,937 million from Asian Development Bank (ADB), $11,076 million from IDA, $5,842 million from IBRD, $5,717 million from Japan, $6,457 million from IDB, $3,666 million from USA and $3,400 million from China.
The report further revealed that Pakistan received $6.37 billion during former Prime Minister Muhammad Khan Junejo’s regime while $23.01 billion in Musharraf era whereas the incumbent government received $14 billion until June 2012 from different countries and global financial institutions.

 
 
on epaper page 16
 
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