The State Bank of Pakistan confirmed that the total repayment of $3.45 billion included $1 billion returned to the Abu Dhabi Fund for Development on April 23 and $2.45 billion repaid last week. This decision comes after Pakistan's failure to secure a rollover of the loan facility, marking the first such failure in seven years and raising concerns about future financing gaps. As of April 17, Pakistan's foreign reserves stood at $20.63 billion, with $15.10 billion held by the central bank.
BUSINESSPublished 24 Apr 2026 • Published 17h ago • Updated 16h ago
Pakistan Completes $3.45 Billion Repayment to UAE April 2026
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On April 24, 2026, Pakistan completed the repayment of $3.45 billion in deposits to the United Arab Emirates (UAE), as confirmed by the State Bank of Pakistan (SBP). This repayment included a final $1 billion to the Abu Dhabi Fund for Development on April 23, following a prior $2.45 billion payment. The move underscores Pakistan's commitment to maintaining national dignity despite significant impacts on its foreign exchange reserves.
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DTPdailythepatriot.com
STstartuppakistan.com.pk
PPprofit.pakistantoday.com.pk
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TLtribune.com.pk