The agreement to extend the $3 billion deposit was formalized in Washington DC, attended by key officials including Pakistan's Federal Finance Minister Muhammad Aurangzeb. This extension is part of a broader financial commitment from Saudi Arabia, which includes an additional $3 billion deposit and a rollover of an existing $5 billion financing facility, bringing total Saudi support to $8 billion.
BUSINESSPublished 17 Apr 2026 • Published 2h ago
Saudi Arabia Extends $3 Billion Deposit to Pakistan in Washington
100% NEUTRAL
On April 17, 2026, Saudi Arabia extended a $3 billion deposit with Pakistan's State Bank, reinforcing their financial partnership amid ongoing economic challenges. This agreement, signed during the World Bank-IMF Spring Meetings, is expected to stabilize Pakistan's external accounts and enhance its foreign exchange reserves.
Detailed Analysis
SOURCES
7 outlets · 7 articles
STstartuppakistan.com.pk
DTPdailythepatriot.com
NPnukta.com
MOmoneycontrol.com
DUdunyanews.tv
YT