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Saudi Arabia Extends $3 Billion Deposit with Pakistan for One Year
Saudi Arabia has extended its $3 billion deposit with Pakistan for another year, ensuring stability in Pakistan’s foreign exchange reserves and easing immediate payment pressures.
MH
by Muhammad Hashir
2025-12-04
Saudi Arabia Extends $3 Billion Deposit with Pakistan for One Year

Saudi Arabia has extended the tenure of its $3 billion deposit with the State Bank of Pakistan (SBP) for one more year, providing a boost to the country’s foreign exchange reserves and helping maintain financial stability.

The deposit, managed by the Saudi Development Fund, was set to expire today. Its timely extension has been officially communicated to the relevant Pakistani authorities, offering crucial support for balance of payments management.

Officials noted that the deposit’s continuation will prevent any immediate payment pressure on Pakistan while also supporting the continuity of economic activities. The $3 billion remains a vital component of the State Bank’s reserves, contributing to the overall stability of Pakistan’s financial system.

This move underscores the strong financial cooperation between Pakistan and Saudi Arabia, providing Islamabad with breathing space to manage its economic priorities.
Tagged:

Pakistan

SaudiArabia

EconomicStability

ForexReserves
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