PPP Dominates as Largest Borrower from IMF, PML-N and PTI Follow Suit

Saturday, 3 August 2024, 15:30

The Pakistan Peoples Party (PPP) has emerged as the largest borrower from the International Monetary Fund (IMF) with a total loan of $7.72 billion during its tenure from 2008 to 2013. Following closely is the Pakistan Muslim League-Nawaz (PML-N), which secured $6.48 billion in loans, while the Pakistan Tehreek-e-Insaf (PTI) government arranged $6 billion in loan agreements. These figures shed light on the borrowing patterns of successive Pakistani governments from the IMF, indicating significant reliance on international financial assistance for economic stability.
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PPP Dominates as Largest Borrower from IMF, PML-N and PTI Follow Suit

PPP's Financial Borrowing History

The Pakistan Peoples Party (PPP) has established itself as the largest borrower from the International Monetary Fund (IMF) with a total of $7.72 billion borrowed during its 2008-2013 tenure.

PML-N and PTI Borrowing Overview

Following the PPP, the Pakistan Muslim League-Nawaz (PML-N) government entered into agreements for $6.48 billion with the IMF. In addition, the Pakistan Tehreek-e-Insaf (PTI) administration concluded loan arrangements totaling $6 billion with the lending institution.

Conclusion

These borrowing statistics highlight the increasing dependency of government administrations on the IMF for financial support, underlining the ongoing challenges facing Pakistan's economy.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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