Foreign economic assistance inflows rise nearly 20pc

ISLAMABAD: Foreign economic assistance (FEA) inflows to Pakistan surged by almost 20 per cent to $6.594bn in the first three quarters (July-March) of the current fiscal year, mainly on the back of programme support from the International Monetary Fund (IMF). Total inflows (excluding IMF disbursements), comprising both loans and grants, amounted to $6.594bn during the first nine months of the current fiscal year, up from $5.507bn in the same period last year, reflecting an increase of 19.7pc. Inf...