Pakistan repaid $10.3 billion to lenders till 2011-12

Pakistan has repaid $10.3 billion between 2000 and 2011-12 to various bilateral and multilateral donors, excluding the International Monetary Fund (IMF). Data obtained by Business Recorder showed that actual payments from 2000-01 till 2011-12 pertaining to loans that were signed after July 2000 stood at $10.37 billion: total loans amounted to $5.7 billion, $4.45 billion was interest and commitment charges were $157 million.
Data also showed that the Islamic Development Bank (IDB) was repaid $3.08 billion with $2.9 billion as actual amount of loan while $199 billion was paid as interest. Asian Development Bank (ADB) has been repaid $1.8 billion, including $1.3 billion actual loan with $461 million interest while $32 million was paid as commitment charges.
France has been repaid $1.02 billion, including $218.3 million actual loan amount and $809 million interest while commitment charges were $470,000. The US, one of the major financial assistance providers to Pakistan, was repaid $336.2 million, including $59.1 million actual loan amount and interest of $277 million.
The UAE was repaid $13.6 million ($1 million actual loan plus $12.5 million interest), Turk Exim Bank was repaid $64.5 million ($51.6 actual loan plus $12.9 interest), Switzerland $27.9 million, including $11.1 million actual loan and $16.8 million interest, Sweden was repaid $62.7 million ($19.6 million actual loan plus $43.1 million interest) and Saudi Arabia was repaid $390 million from 2000-2001 till 2011-12.
Documents also showed that Russia received $77.5 million as repayment, including $19.7 million actual loan with $57.8 million interest. Japan received $1.1 billion against actual loan of $185.8 million, Italy was repaid $18.6 million, Austria $53.5 million against actual loan of $18.2 million and Canada was repaid $38.7 million while the actual loan amount was $12 million. Germany was repaid $314.2 million while International Bank of Reconstruction and Development (IBRD) and International Development Association (IDA) have been repaid $422.2 million against the actual loan amount of $33 million.