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State Bank of Pakistan Confirms $3.45bn Repayment to United Arab Emirates
The State Bank of Pakistan has confirmed the repayment of $3.45 billion to the UAE, marking a significant development in the country’s external financing obligations amid ongoing economic challenges
ND
by News Desk
2026-04-24
State Bank of Pakistan Confirms $3.45bn Repayment to United Arab Emirates

Islamabad – Pakistan has successfully completed the repayment of a total of $3.45 billion in deposits to the United Arab Emirates, marking a significant financial development for the country’s external account position.

According to reports citing the State Bank of Pakistan, the final installment of $1 billion was transferred to the Abu Dhabi Fund for Development on April 23, 2026. This payment follows an earlier settlement of $2.45 billion made in the previous week, completing the full repayment cycle of UAE-held deposits.

The central bank confirmed the transaction through an official update, noting that the repayment reflects Pakistan’s commitment to meeting its external financial obligations despite ongoing economic pressures.

The development comes at a time when Pakistan’s foreign exchange reserves remain under strain due to rising global economic challenges, including higher energy import costs and tight international financing conditions. Analysts say such large repayments, while necessary, can temporarily impact reserve levels and increase short-term financial pressure.

However, officials maintain that these repayments are part of a broader economic stabilization strategy, aimed at strengthening financial credibility and maintaining trust with key international partners.

The UAE has long been a crucial financial supporter for Pakistan, providing deposits and assistance to help stabilize the country’s economy during periods of fiscal stress. Completing the repayment is being viewed as an important step in maintaining strong bilateral financial relations while continuing efforts toward long-term economic stability.
Tagged:

#Pakistan #SBP #UAE #Economy #LoanRepayment #BreakingNews #Finance #ForeignReserves #IMF #EconomicUpdate #GlobalEconomy
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