Pakistan’s external financing climbs to $731m in March 2026

Remittances

Pakistan secured external financing worth $731.3 million in March 2026, marking an increase of around 5.7 percent compared to the previous month, according to the latest report released by the Economic Affairs Division.

The report showed that total external financing received during the first nine months of FY26, from July to March, reached $6.59 billion as the country continued to depend on foreign inflows to support its economy and development programmes.

Out of the March total, disbursements from bilateral and multilateral development partners stood at $339.84 million, while cumulative inflows from these sources reached $3.75 billion during the nine-month period.

Multilateral lenders remained the biggest contributors, providing $214.2 million in March and $2.58 billion overall during July-March. The International Development Association led the list with disbursements of $111.39 million in March, taking its cumulative financing to $829.1 million.

The Asian Development Bank provided $64.26 million during the month, while cumulative support rose to $727.01 million. The International Bank for Reconstruction and Development disbursed $25.68 million in March, mainly for power and urban development projects.

Among bilateral partners, Saudi Arabia remained the largest lender, contributing $100 million during March and $910.43 million during the first nine months of FY26.

No fresh bilateral loan disbursement was recorded from China in March. However, China’s guaranteed loan facility released $123.4 million during the month, taking cumulative disbursements under that arrangement to $392.82 million.

Meanwhile, foreign commercial borrowing through the Naya Pakistan Certificate scheme stood at $268.06 million in March, lifting cumulative inflows under the programme to $2.04 billion during July-March.

The report also noted that non-project aid reached $379.2 million in March, reflecting Pakistan’s continued reliance on external support for economic stability and budgetary needs.

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