ISLAMABAD: The government of Pakistan has made a payment of $2 billion to the United Arab Emirates (UAE), which was in a safe deposit in accordance with the terms of financial dealings, according to the State Bank of Pakistan (SBP).
A spokesman for the State Bank of Pakistan stated that the funds were deposited in accordance with the terms of financial dealings and returned on account of compliance with the terms of the agreement. This was part of a series of agreements, and the payment was made in compliance with the terms set forth.
The latest payment follows a previous receipt of $2 billion from Saudi Arabia, further strengthening Pakistan’s financial standing.
Additionally, it should be mentioned that Pakistan has made timely payments in all its financial transactions internationally, leaving no significant effect on its foreign exchange reserves last week.
Experts say that this step is going to help improve the financial standing of Pakistan in international financial organizations. In addition, this move will keep its foreign exchange reserve standing healthy.
Pakistan receives $2bn from Saudi Arabia: State Bank
Earlier, 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.
