The State Bank of Pakistan (SBP) has verified the receipt of $2 billion from the Ministry of Finance of the Kingdom of Saudi Arabia, with the funds credited on April 15, 2026.
“State Bank of Pakistan has received funds of US$2 billion from Ministry of Finance, Kingdom of Saudi Arabia, in the value date of 15 April 2026,” SBP said in its announcement earlier today.
The funds have been added to the central bank’s official reserves, offering immediate relief at a time when the country continues to face external financing pressures and debt repayments.
Pakistan remains heavily reliant on support from friendly countries to maintain reserve levels required under ongoing economic stabilization efforts.
Also read: Pak Banks Increase Low-Cost Deposits to Strengthen Profitability
Saudi Arabia’s continuous financial support to Pakistan
Saudi Arabia has repeatedly extended financial assistance to Islamabad in recent years through deposits, oil financing facilities, and rollover arrangements.
Saudi financial backing has played a critical role in helping Pakistan avoid severe default risks during multiple economic crises since 2018.
Earlier Saudi deposits were periodically rolled over instead of being withdrawn. This allowed Pakistan to maintain minimum reserve thresholds required for bailout programs from other key lenders.
Today’s injection of fresh dollars will help cancel out this month’s withdrawal of the $2 billion bilateral long-term deposit by the UAE.
