Islamabad, April 18, 2026: The State Bank of Pakistan (SBP) on Saturday confirmed that the government has repaid $2 billion to the United Arab Emirates, marking a significant development in Pakistan’s ongoing external debt management operations.
According to an SBP spokesperson, the amount had been previously placed with the central bank under a safe deposit arrangement before its repayment. The transaction is part of broader financial commitments between the two countries.
The repayment comes from a total $3.5 billion facility extended by the UAE, with an additional $1.5 billion scheduled for repayment on April 23.
Officials stated that the transaction will not impact Pakistan’s foreign exchange reserves, adding that the country’s external position remains stable and managed through pre-planned arrangements.
In parallel financial developments, Pakistan recently received $2 billion in support from Saudi Arabia, strengthening its reserve position ahead of upcoming outflows. Additionally, the country raised $500 million through Eurobond issuance, further adding liquidity to external accounts.
The SBP said these inflows and repayments reflect an active period of external financing operations, with coordinated efforts to manage obligations while maintaining financial stability.
Officials reiterated that despite scheduled repayments, Pakistan’s dollar reserves remain stable, supported by timely inflows from friendly countries and international financial instruments.
