Central bank confirms full receipt as funds aim to strengthen foreign reserves and stabilize economy.
Pakistan has received the complete $3 billion financial support from Saudi Arabia, providing a boost to the country’s foreign exchange reserves and overall economic stability.
The State Bank of Pakistan (SBP) confirmed that the amount was received in two tranches under a previously agreed arrangement. The first $2 billion was transferred on April 15, followed by the remaining $1 billion on April 20.
State Bank of Pakistan has received funds of US$ 1 billion from Ministry of Finance, Kingdom of Saudi Arabia in the value date of 20April2026. This is the second tranche of the $3 billion deposit recently agreed by Kingdom of Saudi Arabia. First tranche of $2 billion has already…
— SBP (@StateBank_Pak) April 21, 2026
Officials said the funds are part of Saudi Arabia’s deposit program aimed at supporting Pakistan’s external account position and strengthening reserves amid ongoing economic pressures. The inflows have provided short-term relief to the financial system.
Earlier, Pakistan had already received the initial $2 billion installment, which helped stabilize reserves and ease immediate pressure on the balance of payments. The latest inflow completes the agreed $3 billion facility with Saudi Arabia.
Despite this support, Pakistan continues to face external repayment obligations, including significant debt repayments and other financial commitments, which remain a challenge for reserve stability.
In addition to this facility, Saudi Arabia has also extended its $5 billion deposit arrangement with Pakistan, converting it from annual rollover terms into a three-year extension, now maturing in 2028.
The agreement between the SBP and the Saudi Fund for Development was finalized in Washington during the IMF and World Bank Spring Meetings 2026, attended by Pakistani officials and the country’s ambassador to the United States.
