The State Bank of Pakistan has confirmed that it received $1 billion from the Ministry of Finance Saudi Arabia. This amount is the second part of a $3 billion deposit agreement between Pakistan and Saudi Arabia.
Earlier in April 2026, the first installment of $2 billion was already transferred. With this latest payment, the full $3 billion support package has now been completed.
Finance Minister Muhammad Aurangzeb said the funds are meant to strengthen Pakistan’s balance of payments and help manage external financial pressures. He added that this support will provide stability to the country’s economy during a challenging time.
In addition to this deposit, Saudi Arabia has also agreed to extend its existing $5 billion deposit in Pakistan for another three years. This extension is seen as an important step in maintaining financial stability and supporting foreign exchange reserves.
The financial assistance comes at a time when Pakistan is facing a repayment obligation of around $3.5 billion to the United Arab Emirates. This has increased pressure on the country’s reserves, making external support more important.
Saudi Arabia has been a consistent partner for Pakistan, especially during periods of economic difficulty. Officials say such support helps the country manage short-term financial challenges while working on long-term economic improvements.
