The State Bank of Pakistan confirmed the $2 billion repayment to the UAE, which was due to mature by the end of April. Earlier in the month, Pakistan had already paid $450 million to the UAE, bringing total repayments this week to $2.5 billion. The remaining $1 billion is expected to be paid on April 23, 2026, also through Saudi financing.
BUSINESSPublished 17 Apr 2026 • Published 1 day ago • Updated 20h ago
Pakistan Completes $2 Billion UAE Loan Repayment Amid Reserves Pressure
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On April 18, 2026, Pakistan repaid a $2 billion loan to the United Arab Emirates, fulfilling part of its external debt obligations. This repayment was facilitated by a $2 billion deposit from Saudi Arabia, which has pledged a total of $8 billion in financial support to Pakistan. The repayments are crucial for stabilizing Pakistan's foreign exchange reserves amid ongoing economic challenges.
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