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Home Breaking News

Pakistan receives funds of $2b from Saudi Arabia

byCT Report
16/04/2026
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: State Bank of Pakistan has received funds of $2 billion from Ministry of Finance of Saudi Arabia.

SBP shared the development on X, stating that the funds were received in the value date of 15 April 2026.

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It comes a day after Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, revealed that the Kingdom has committed $3 billion in additional deposits, with disbursement expected in the coming week.

He further stated that the existing $5 billion Saudi deposit would no longer remain subject to the earlier annual rollover arrangement and would instead be extended for a longer period.

The Finance Minister made the annoucement while talking to members of the media in Washington, DC, on the sidelines of the World Bank–IMF Spring Meetings 2026, and shared important details regarding Saudi financial support for Pakistan and the government’s external financing strategy.

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