KARACHI: The State Bank of Pakistan (SBP) repaid another $1 billion to Abu Dhabi Fund for Development (ADFD) UAE, completing repayment of total deposits of $3.45 billion.
The central bank stated this in a post on social media platform X, stating that the repayment was made on 23 April 2026.
It added that deposits of $2.45 billion were repaid last week. “This completes the repayment of total deposits of $3.45 billion to UAE,” read the statement.
The development comes days after SBP confirmed on Tuesday that the country has received $1 billion from Saudi Arabia, marking the second tranche of a previously agreed $3 billion deposit package.
According to the central bank, “The State Bank of Pakistan has received US$1 billion from the Ministry of Finance, Kingdom of Saudi Arabia, with a value date of 20 April 2026.”
The SBP stated that this amount represented the second installment of the $3 billion deposit facility recently agreed with Saudi Arabia. The first tranche of $2 billion had been received last week.
Earlier, Saudi Arabia committed an additional $3 billion in deposits for Pakistan and extended its existing $5 billion facility for another three years.
