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Pakistan borrows $5.8b as new foreign loans, grants in eight months

Pakistan has borrowed $5.8 billion as new foreign loans and grants during the first eight (July to February) of the current fiscal year that helped in enhancing the country’s foreign exchange reserves. According to the Economic Affairs Division’s (EAD) report on Foreign Economic Assistance (FEA), the country has received $5.8 billion in the first half of the current fiscal year. [...]