Introduction
Pakistan has received further financial support from Saudi Arabia as part of a larger $3 billion deposit arrangement aimed at strengthening the country’s foreign reserves.
According to Beyond Time News, the latest inflow reflects ongoing financial cooperation between the two countries.
Second Tranche Transferred
The State Bank of Pakistan confirmed that it has received $1 billion from Saudi Arabia under the agreed deposit deal.
The funds were credited with a value date of April 20, 2026, marking the second installment of the total package.
Earlier Support Already Provided
This latest amount follows an earlier $2 billion tranche that was already transferred to Pakistan.
With this, the full $3 billion Saudi deposit support has now been partially completed under the agreement.
Finance Ministry Confirmation
Finance Minister Muhammad Aurangzeb had earlier confirmed that Saudi Arabia pledged $3 billion in additional financial assistance for Pakistan.
He noted that the support is part of efforts to stabilize external financing and strengthen the country’s economic position.
Extended Financial Arrangement
Officials also stated that an existing $5 billion Saudi deposit will now be extended for a longer period instead of being rolled over annually.
According to Beyond Time News, this change is expected to improve Pakistan’s financial stability and reserves outlook.
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Announcement During Global Meetings
The finance minister shared these developments while speaking in Washington during the World Bank and IMF Spring Meetings 2026.
He highlighted that Pakistan is working on a broader external financing strategy with support from key international partners.
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Conclusion
The latest $1 billion inflow marks another step in Pakistan’s ongoing financial support arrangement with Saudi Arabia.
According to Beyond Time News, such measures are aimed at strengthening economic stability and improving foreign exchange reserves in the coming months.
