, June 23 -- Country's foreign aid commitments suffered a decline of around 23 per cent compared with the corresponding period of the previous fiscal year, according to provisional data from the Economic Relations Division (ERD).

The latest Foreign Assistance Monthly Report of the ERD shows that total foreign assistance commitments stood at US$4.22 billion during July 2025-May 2026, down from US$5.48 billion recorded in the same period of FY2024-25.

The decline was primarily driven by a reduction in project assistance commitments.

During the reporting period, project aid commitments amounted to US$4.06 billion in loans and US$158.78 million in grants, compared with US$5.108 billion in loans and US$380.98 million in grants during the co...