US grants contribute 1% to country's FY25 funding goal
MG News | January 28, 2025 at 02:40 PM GMT+05:00
January 28, 2025 (MLN): The total amount of grants allocated for fiscal year 2025 (FY25) stands at $176 million, which constitutes just 1% of the country's ambitious external funding target of $19.34 billion, according to the Economic Affairs Division.
Despite this relatively small proportion, the country has already received a significant portion of these funds from the United States.
During the first five months of FY25, the country received $38.3mn in grants from the USA, surpassing the originally budgeted amount of $21mn for the fiscal year.
In another notable development, no bilateral loan allocations from the USA have been budgeted for FY25.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 177,519.05 351.16M | 0.20% 352.53 |
| ALLSHR | 107,944.80 689.46M | 0.28% 303.15 |
| KSE30 | 52,811.20 94.18M | 0.27% 140.40 |
| KMI30 | 252,321.11 130.61M | 0.34% 860.58 |
| KMIALLSHR | 69,696.83 573.25M | 0.41% 283.45 |
| BKTi | 49,984.90 11.61M | 0.00% 0.11 |
| OGTi | 36,858.88 25.62M | 1.20% 435.84 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 77,540.00 | 78,915.00 76,745.00 | 360.00 0.47% |
| BRENT CRUDE | 93.60 | 94.83 92.74 | -0.18 -0.19% |
| RICHARDS BAY COAL MONTHLY | 110.30 | 110.50 110.30 | 0.05 0.05% |
| ROTTERDAM COAL MONTHLY | 125.25 | 125.25 125.25 | 1.50 1.21% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 86.64 | 87.51 85.80 | -0.19 -0.22% |
| SUGAR #11 WORLD | 17.60 | 17.89 17.16 | 0.08 0.46% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|