SBP Received US$ 2 Billion from Saudi Arabia

Islamabad: On Thursday 16th April 2026, Pakistan received US$ 2 Billion from Saudi Arabia according to an Official statement of State Bank of Pakistan. Additionally, existing US$5 billion Saudi deposit would be extended for additional three years. Earlier, a Saudi Ministry of Finance spokesperson told a News Agency that “Saudi Arabia has agreed to a $3 billion deposit with Pakistan to support their balance of payments”.

Pakistan have to repay US$3.5 billion to UAE by the end of current month and such a huge payment of foreign exchange deposits held with SBP would have potentially impacted current foreign exchange reserve position of country. However, such a timely support from Saudi Arabia has greatly provided a breathing space. Saudi Arabia is a brotherly Islamic Country and it always supported Pakistan in the times of economic pressures.

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