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Pakistan secured $27bn in foreign loans from Saudi Arabia and China last fiscal year

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Pakistan received approximately $27 billion in foreign funding during the last fiscal year, with Saudi Arabia and China playing a major role through loan rollovers. Of the total inflows, $16 billion came from fresh borrowing. The funds were primarily used to finance the national budget and repay existing external debt. Meanwhile, Pakistan's exports fell by six percent over the same period, highlighting ongoing economic pressures.

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Pakistan secured $27bn in foreign loans from Saudi Arabia and China last fiscal year · ShortSingh