Pakistan experienced a notable increase in external financing during July 2025, the first month of fiscal year 2026, with inflows rising to nearly $695 million, a 59 percent increase compared to the $436 million received in the same month the previous year.

According to data released by the Economic Affairs Division, Multilateral lenders, who disbursed about $380 million, were largely responsible for the increase.

The International Bank for Reconstruction and Development contributed $52.5 million, and the World Bank's International Development Association contributed $157.6 million.

The Asian Development Bank released $33.2 million, while the Islamic Development Bank released $131.2 million.

With $100 million, the Saudi Oil Facility led the $118.4 million in bilateral inflows, which are anticipated to last until April 2026.

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China contributed $6 million, France contributed $8.5 million, Germany contributed $2 million, Japan contributed $0.8 million, Korea contributed $0.6 million, and the United States contributed $0.19 million.

In addition, Pakistan achieved $196.2 million out of an annual target of $609 million through the Naya Pakistan Certificates, which are intended to draw in investment from Pakistanis living abroad.

As part of a $1.4 billion climate-linked financing program spanning 28 months, the nation is also scheduled to receive $410 million from the International Monetary Fund this fiscal year through the Resilience Sustainability Facility.

In total, the July inflows amount to roughly 3.5 percent of Pakistan's FY26 foreign financing target of nearly $19.9 billion, highlighting the government's dependence on outside assistance to stabilize reserves and sustain its economic recovery trajectory.