Editing Economy of Pakistan (section)

=== Economic aid ===
{{Main|Foreign aid to Pakistan}}

Pakistan receives economic aid from several sources as loans and grants. The [[International Monetary Fund]] (IMF), [[World Bank]] (WB), [[Asian Development Bank]] (ADB), etc. provide long-term loans to Pakistan. Pakistan also receives bilateral aid from developed and oil-rich countries. [[Foreign aid to Pakistan|Foreign aid]] has been one of the main sources of money for the Pakistani economy. Collection of foreign aid has been one of the priorities of almost every Pakistani Government with the Prime Minister himself leading delegations on a regular basis to collect foreign aid.<ref>{{cite web|url=https://thediplomat.com/2018/11/after-khans-visit-pakistan-doubles-down-on-china-dependence/|title=After Khan's Visit, Pakistan Doubles Down on China Dependence|author=Tridivesh Singh Maini|website=The Diplomat|access-date=19 May 2019}}</ref><ref>{{cite web|url=https://www.brookings.edu/blog/order-from-chaos/2018/12/10/experts-discuss-pakistans-imran-khans-first-100-days-in-office/|title=Experts discuss Pakistan's Imran Khan's first 100 days in office|last=Saber|first=Israa|date=10 December 2018|website=Brookings|access-date=19 May 2019}}</ref>

The [[Asian Development Bank]] will provide close to $6 billion development assistance to Pakistan during 2006–9.<ref>{{cite web|url=http://www.brecorder.com/index.php?id=480165&currPageNo=1&query=&search=&term=&supDate=|title=Business Recorder [Pakistan's First Financial Daily&#93;|publisher=Brecorder.com|date=1 January 2004|access-date=29 July 2010|archive-date=11 June 2010|archive-url=https://web.archive.org/web/20100611115418/http://www.brecorder.com/index.php?id=480165&currPageNo=1&query=&search=&term=&supDate=|url-status=dead}}</ref> The [[World Bank]] unveiled a lending programme of up to $6.5 billion for Pakistan under a new four-year, 2006–2009, aid strategy showing a significant increase in funding aimed largely at beefing up the country's infrastructure.<ref>{{cite magazine|url=https://www.forbes.com/markets/feeds/afx/2006/06/01/afx2788717.html |title=World Bank plans 6.5 bln usd lending to Pakistan |date=2 January 2006 |magazine=Forbes.com |access-date=6 March 2006 |url-status=dead |archive-url=https://web.archive.org/web/20060904191340/http://www.forbes.com/markets/feeds/afx/2006/06/01/afx2788717.html |archive-date=4 September 2006 }}</ref> Japan will provide $500 million annual economic aid to Pakistan.<ref>{{Cite news|url=http://www.hindu.com/thehindu/holnus/003200605290311.htm|title=Japan to resume USD 500 mn annual funding for Pak|date=29 May 2006|publisher=The Hindu News Update Service|access-date=3 June 2006|archive-url= https://web.archive.org/web/20070930221948/http://www.hindu.com/thehindu/holnus/003200605290311.htm|archive-date=30 September 2007 |location=Chennai, India}}</ref> In November 2008, the International Monetary Fund (IMF) has approved a loan of 7.6 billion to Pakistan, to help stabilise and rebuild the country's economy. Between the 2008 and 2010 fiscal years, the IMF extended loans to Pakistan totalling 5.2 billion dollars.<ref>{{cite web|url=https://www.imf.org/external/np/fin/tad/extrans1.aspx?memberKey1=760&endDate=2013-07-30&finposition_flag=YES|title=Transactions with the Fund, Pakistan|website=imf.org}}</ref> The government decided in 2011 to cut off ties with the IMF. However, the government newly elected in 2013 re-established these ties, and a negotiated a three-year $6.6 billion package which would allow it to deal with ongoing debt issues.<ref>{{cite web | url=https://www.cgdev.org/page/aid-pakistan-numbers | title=Aid to Pakistan by the Numbers | publisher=Center for Global Development | date=September 2013 | access-date=4 January 2019 }}</ref> In May 2019, Pakistan finalised a US$6 billion foreign aid with IMF.<ref>{{cite web|date=12 May 2019|title=IMF Agrees to $6 Billion Bailout to Help Pakistan Ease Crisis|url=https://www.bloomberg.com/news/articles/2019-05-12/pakistan-imf-agree-on-6-billion-bailout-after-reserves-plunge|access-date=19 May 2019|website=Bloomberg.com}}</ref> This is Pakistan's 22nd such bailout from the IMF.<ref>{{cite web|url=https://gulfnews.com/world/asia/pakistan/pakistan-growth-to-hit-eight-year-low-as-imf-bailout-looms-1.1557485097343|title=Pakistan growth to hit eight-year low as IMF bailout looms|website=gulfnews.com|date=10 May 2019 |access-date=19 May 2019}}</ref>

The [[China–Pakistan Economic Corridor]] is being developed with a contribution of mainly concessionary loans from China under the [[Belt and Road Initiative]]. Much like BRI, the value of CPEC investments transcends any fiat currency and is only estimated vaguely as it spans over decades of past and future industrial development and global economic influence.