Pakistan repays full $3.45bn to UAE, confirms SBP
Pakistan has repaid an additional $1 billion to the United Arab Emirates, completing the settlement of $3.45 billion in deposits held by the UAE, ARY News reported on Friday citing the State Bank of Pakistan (SBP).
In a post on X, the central bank said the $1 billion repayment to the Abu Dhabi Fund for Development was made on April 23, 2026. This follows the return of $2.45 billion last week, bringing the total repayment to $3.45 billion.
The SBP confirmed that all outstanding deposits and liabilities owed to the UAE have now been cleared, marking a key milestone for Pakistan’s external financial position.
The central bank also noted that foreign exchange reserves have risen by $136 million during the current fiscal year, while the current account remains in surplus.
It added that remittances during Eid are expected to provide further support to reserves. Additionally, Hajj pilgrims will carry their own foreign exchange for expenses, and an inflow of $250 million has been recorded through the greenshoe option on Eurobonds.