Daily Systematic Metro EPaper News National and International Political Sports Religion
Business

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

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

Pakistan has received a significant financial boost as State Bank of Pakistan (SBP) confirmed the arrival of $2 billion from the Ministry of Finance Saudi Arabia.

According to the central bank, the funds were officially credited on April 15, 2026, and have now been added to the country’s foreign exchange reserves. This development provides timely support as Pakistan continues to manage external financing needs and upcoming debt repayments.

The fresh inflow is expected to strengthen reserve levels and improve overall financial stability. Pakistan has relied on assistance from partner countries in recent years to maintain adequate reserves and meet international financial commitments.

Saudi Arabia has consistently supported Pakistan through financial deposits, oil financing facilities, and rollover arrangements. These measures have played an important role in stabilizing the economy during challenging periods.

The latest deposit also helps offset the recent withdrawal of $2 billion linked to a bilateral long-term arrangement with the United Arab Emirates, helping maintain balance in the country’s reserve position.

Related posts

Pakistan ranked lowest-risk for food safety in FY24

admin

New Inverex EV Can Be Yours Starting at Only Rs. 500,000

Editor

PSX Continues Record-Breaking Run as KSE-100 Index Hits 145,647 points

Editor

Leave a Comment