Pakistan repays $2 billion to UAE, confirms SBP

The State Bank of Pakistan (SBP) has confirmed that the government has returned $2 billion to the United Arab Emirates.

According to an SBP spokesperson, the amount was kept as a safe deposit in Pakistan’s account with the central bank.

Sources said that due to the current international financial situation, the UAE requested the immediate return of the funds. In response, Pakistan decided to repay the amount.

Officials from the Ministry of Finance said Pakistan was paying around 6 percent interest on this deposit. Earlier, the UAE had been rolling over the amount on an annual basis. However, in December 2025, the rollover period was reduced first to one month and then extended for two months.

Meanwhile, Pakistan has also received financial support from Saudi Arabia. The SBP recently confirmed that $2 billion was received from the kingdom with a value date of April 15, 2026.

In addition, Pakistan and Saudi Arabia have signed an agreement to extend the maturity of a separate $3 billion deposit placed with the SBP by the Saudi Fund for Development, further strengthening Pakistan’s external financial position.