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Saudi Arabia to provide $3bn support to Pakistan: Aurangzeb

Published on: April 15, 2026 10:15 AM

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Federal Finance Minister Muhammad Aurangzeb has announced that Saudi Arabia will provide financial support of $3 billion to Pakistan by next week in the form of additional deposits.

Saudi Arabia Announces USD 3 Billion Additional Support, Extends USD 5 Billion Deposit: Finance Minister

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has informed that the Kingdom of Saudi Arabia has committed USD 3 billion in additional deposits, with… pic.twitter.com/E8dXPg6g9Y

— Ministry of Finance, Government of Pakistan (@Financegovpk) April 15, 2026

Speaking to media at the Pakistani Embassy in Washington, Aurangzeb said that discussions with Saudi financial authorities had been productive. He noted that detailed talks were held with Saudi Arabia’s finance minister both in Islamabad last week and more recently in Washington.

Read More: Saudi, Qatar to support Pakistan finances

The minister confirmed that the $3 billion support would not follow the traditional annual rollover mechanism. Instead, the maturity period of the deposit has been extended until 2028, offering Pakistan greater financial stability and easing short-term external pressures.

Aurangzeb highlighted that Pakistan had successfully made payments of $1.4 billion in the previous week and remained committed to meeting all its financial obligations on time. He expressed confidence that the incoming funds would further strengthen the country’s foreign exchange reserves and support economic management efforts.

The finance minister also conveyed gratitude to Saudi leadership, particularly Crown Prince Mohammed bin Salman, for their continued support during challenging economic conditions.

Officials believe that the financial assistance will help Pakistan manage its external account pressures and maintain investor confidence. The development comes at a time when the government is working to stabilise the economy through fiscal discipline and international cooperation.

Analysts say such deposits from friendly countries play a crucial role in maintaining liquidity and ensuring timely debt repayments, especially amid global economic uncertainty.

Read More: Saudi minister signals support for Pakistan

The announcement signals continued strong economic ties between Pakistan and Saudi Arabia, reinforcing a longstanding partnership based on mutual support and cooperation.

Filed Under: Pakistan Tagged With: financial support, foreign reserves, IMF, Latest, lead3, muhammad aurangzeb, Pakistan economy, Saudi Arabia

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