State Bank of Pakistan Receives $2 Billion from Saudi Arabia
Islamabad, — The State Bank of Pakistan (SBP) has confirmed the receipt of US$2 billion from the Ministry of Finance, Kingdom of Saudi Arabia. The funds were credited on the value date of April 15, 2026.The inflow is part of Saudi Arabia’s commitment of an additional $3 billion in deposits, announced by Finance Minister Senator…
Islamabad, — The State Bank of Pakistan (SBP) has confirmed the receipt of US$2 billion from the Ministry of Finance, Kingdom of Saudi Arabia. The funds were credited on the value date of April 15, 2026.
The inflow is part of Saudi Arabia’s commitment of an additional $3 billion in deposits, announced by Finance Minister Senator Muhammad Aurangzeb just a day earlier in Washington. The minister stated that disbursement of the remaining amount is expected shortly.
Importantly, these additional deposits are not part of the previous annual “rollover” arrangement. Saudi Arabia has also agreed to extend the existing $5 billion deposit for a longer term, removing the annual rollover requirement. The extension is expected to provide greater stability to Pakistan’s foreign exchange reserves and ease external financing pressures.
The development comes as Prime Minister Shehbaz Sharif is on an official visit to Saudi Arabia amid broader diplomatic efforts for peace in the Middle East.
This fresh financial support from Riyadh strengthens Pakistan’s external position at a time when the country is managing repayments, including to the UAE, and working to maintain macroeconomic stability.
