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Pakistan Completes $3.45 Billion Deposit Repayment to UAE: SBP

Pakistan Completes $3.45 Billion Deposit Repayment to UAE: SBP

Pakistan has successfully repaid a total of $3.45 billion in deposits to the United Arab Emirates, according to the State Bank of Pakistan (SBP).

The central bank confirmed that the final installment of $1 billion was transferred on April 23, 2026, to the Abu Dhabi Fund for Development (ADFD) after the deposit reached maturity.

This payment follows the earlier repayment of $2.45 billion made last week, completing the full settlement within a short span.

The deposits were part of State Administration of Foreign Exchange (SAFE) arrangements, under which friendly countries provide financial support to help stabilize Pakistan’s foreign exchange reserves and manage external financing pressures.

SBP stated that all payments were made in accordance with agreed terms upon maturity. However, the bank has not shared any details بشأن potential new deposits or rollover agreements with the UAE.

Such financial arrangements have historically played an important role in supporting Pakistan’s economic stability during challenging periods.

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