Pakistan repays $3.45 billion in deposits to the UAE
ISLAMABAD: The State Bank of Pakistan has repaid another $1 billion to the Abu Dhabi Fund for Development on April 23, 2026, completing a major financial obligation to the United Arab Emirates.
According to official details, the latest repayment follows the settlement of $2.45 billion in deposits returned last week. Consequently, the total repayment to the UAE now stands at $3.45 billion, marking the full clearance of outstanding deposits held with the central bank.
The repayments reflect Pakistan’s ongoing efforts to meet its external financial commitments and maintain stability in its foreign exchange reserves. Moreover, timely settlement of these obligations signals improved coordination with key bilateral partners, particularly the UAE, which has historically supported Pakistan through financial assistance and deposits.
In addition, the repayment underscores the government’s broader strategy to strengthen macroeconomic indicators and restore investor confidence. By clearing these deposits, authorities aim to enhance credibility in international financial markets and demonstrate fiscal discipline.
Furthermore, the move comes at a time when Pakistan continues to navigate economic challenges, including external financing needs and pressure on reserves. However, officials believe that honoring such commitments will contribute positively to the country’s economic outlook.
Overall, the completion of the $3.45 billion repayment represents a significant milestone in Pakistan’s financial management, reinforcing its commitment to fulfilling international obligations while working toward long-term economic stability.
