KARACHI: The State Bank of Pakistan (SBP) has officially confirmed the receipt of $2 billion from the Ministry of Finance of the Kingdom of Saudi Arabia. The funds were credited with a value date of April 15, 2026.
The central bank announced the development via its official social media channels on Thursday, marking a significant boost to the country’s foreign exchange reserves.
This inflow follows recent high-level diplomatic engagements and earlier commitments from Riyadh to provide additional financial support to help stabilise Pakistan’s balance of payments. Economic analysts view this timely deposit as a critical intervention that strengthens the national economy and provides much-needed relief to the country’s external account.
The receipt of these funds has already had a visible impact on financial markets, contributing to a record-breaking rally at the Pakistan Stock Exchange and easing pressure on the local currency.
