Saudi Arabia Deposits $2 Billion in Pakistan’s Central Bank

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Fresh Saudi inflows aim to stabilize Pakistan’s external position and ease mounting financial pressures.

The State Bank of Pakistan has received $2 billion from the Saudi Ministry of Finance, providing a significant boost to the country’s foreign exchange reserves. According to an official statement, the funds were transferred on April 15, 2026, as part of ongoing financial assistance from Saudi Arabia.

The deposit is expected to help stabilize Pakistan’s external account and ease pressure on its balance of payments. Economic officials believe such inflows are critical at a time when the country is navigating fiscal consolidation and monetary tightening measures to restore macroeconomic stability.

The development follows a broader commitment by Saudi Arabia to extend additional financial support. Speaking in Washington, Finance Minister Muhammad Aurangzeb confirmed that Riyadh has pledged a further $3 billion in assistance. He added that the kingdom would also roll over an existing $5 billion deposit, offering continued relief to Pakistan’s external financing position.

Pakistan is currently facing a widening funding gap, driven in part by upcoming debt repayments to the United Arab Emirates. Officials say the Saudi support will help shore up reserves and mitigate short-term financial risks.

A spokesperson for the Saudi Ministry of Finance noted that the new $3 billion commitment is aimed at strengthening Pakistan’s external account. Analysts view the move as a strong signal of Saudi confidence in Pakistan’s economic management, reinforcing long-standing financial and strategic ties between the two countries.

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