ISLAMABAD: Federal government has taken $2557.39 million dollar loan to different foreign landing institutions during 2016-17.

While replying to a question of senator Jehanzeb Jamaldini, Minister of Law Zahid Hamid stated that government received 2557.39 loans during 2016-17 in which seven hundred million dollar from China Development Bank, three hundred million dollars from China ICPC and two hundred million dollar from Noor Bank.

All these loans were taken from the commercial banks, apart from that Pakistan also got 1255million dollar loan from ADB, AIIB, IBRD,IDA, IDB and IFAD.

He further said that Pakistan got 102.1 million dollar from IMF during the current year, State Bank of Pakistan make sure of repayment of all these loans within stipulated time.