Saudi Arabia to deposit $3 billion in Pakistan’s central bank

15/04/2026

Saudi Arabia to deposit $3 billion in Pakistan’s central bank

ISLAMABAD (AP), Apr 15: Saudi Arabia will deposit $3 billion into Pakistan’s central bank, Finance Minister Muhammad Aurangzeb said Wednesday, providing a key financial boost as the country faces economic pressure linked to regional tensions involving the United States and Iran.

Speaking during a visit to Washington, D.C. for meetings of the World Bank and International Monetary Fund, Aurangzeb also said an existing $5 billion Saudi deposit will be extended for a longer period instead of being renewed annually.

The development comes as Pakistani authorities plan to return $2 billion previously deposited by the United Arab Emirates in 2019, reflecting ongoing adjustments to the country’s external financing strategy.