Islamabad: Pakistan has received a major financial boost from Saudi Arabia, as the State Bank of Pakistan (SBP) confirmed that it has received US$2 billion from the Saudi Ministry of Finance. The amount was transferred on April 15, 2026, providing much-needed support to the country’s fragile economy.
The development comes at a crucial time for Pakistan, which is facing pressure on its foreign exchange reserves and external payment obligations. Reports suggest the country is also due to repay US$3.5 billion to the United Arab Emirates (UAE) later this month.
Saudi Arabia had earlier announced an extension of its existing US$5 billion deposit facility for Pakistan for another three years, along with an additional US$3 billion assistance package. Out of that package, the first US$2 billion has now been released.
The financial assistance is expected to strengthen Pakistan’s foreign currency reserves and offer short-term economic relief. However, analysts believe the country will still need deeper structural reforms and sustained fiscal discipline to achieve long-term stability.