Bank of China provides $300 million loan in 2017 to shore up Pakistan’s foreign exchange reserves (Linked to Record ID#50486 and #54158)

📋 Staff Comments

1. Two other facility agreements were signed with Chinese banks in 2017 to help Pakistan with its balance of payments (as captured via Project ID#50486, #54158).
2. For loan and debt rescheduling records with variable interest rates, AidData calculates the all-in interest rate at T0 based on the reference rate (such as LIBOR or EURIBOR) on the loan start date, plus any known margin. Please see the methodology for additional details.
3. The Government of Pakistan loan identification number is BOC-2017. See https://ead.gov.pk/SiteImage/Misc/files/Status%20Report%20July-June%202016-17%20Revised%20Version%20on%2026-Feb-2018.xls

📚 Sources & References

• 2017-18 Pakistan Economic Survey
• Year Book 2016-2017
• MONTHLY DISBURSEMENT REPORT OF FOREIGN ECONOMIC ASSISTANCE FOR THE MONTH OF JUNE, 2016-17
• Final PCP Year Book
• Final PCP Year Book, 2018-2019 Pakistan Economic Survey: Statistical Supplement
• Pakistan Development Update
• Commitments & Disbursements Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.