Central Bank receives $1bn from Saudi Finance Ministry

Karachi: The State Bank of Pakistan (SBP) has received one billion dollars from the Ministry of Finance (MoF), Kingdom of Saudi Arabia.

The amount, received last night, is the second tranche of the three billion dollars deposit recently agreed by Kingdom of Saudi Arabia.

The first tranche of two billion dollars was already received on 15th of this month. Saudi Arabia had assured Pakistan of financial support amounting to $3 billion.

State Bank of Pakistan has received funds of US$ 1 billion from Ministry of Finance, Kingdom of Saudi Arabia in the value date of 20April2026. This is the second tranche of the $3 billion deposit recently agreed by Kingdom of Saudi Arabia. First tranche of $2 billion has already…

— SBP (@StateBank_Pak) April 21, 2026

Meanwhile, a few days ago, Finance Minister Muhammad Aurangzeb stated that, instead of annual rollovers, the $5 billion deposit would be extended for three years, with its maturity pushed to 2028.

Pakistan, last week, repaid $2 billion in deposits to the United Arab Emirates along with $450 million in interest, while an additional $1 billion payment to the UAE is due on April 23.