Foreign loan target missed amid major slippages

• Pakistan receives $9.8bn in July-March, against annual target of $17.4bn
• Low inflows mainly due to adverse global environment, poor credit rating

ISLAMABAD: Pakis­tan received only about $9.8 billion in foreign loans and grants in the first nine months (July-March) of the current fiscal year, far behind the annual target of $17.4bn, amid major slippages in raising international financial support.

The disbursements app­e­ared to be slowing down as the country rec­eived less...