State Bank Confirms $2 Billion Saudi Funds to Strengthen Forex Reserves

Islamabad (HRNW)- The State Bank of Pakistan has officially confirmed the receipt of $2 billion in funds from Saudi Arabia. According to the central bank, this amount was transferred to Pakistan by the Saudi Arabian Ministry of Finance on April 15, 2026.

According to sources in the Ministry of Finance, Saudi Arabia has also assured a total financing of $3 billion to stabilize Pakistan’s foreign exchange reserves, which is being described as a significant development in the context of the current financial pressure.

It has further been informed that Pakistan has to pay $3.5 billion to the United Arab Emirates this month, which currently constitutes about 18 percent of the official foreign exchange reserves. However, due to the financial assistance received from Saudi Arabia, the pressure on the reserves from this payment will significantly reduce.

According to economic experts, the inflow of Saudi funds will not only improve the foreign exchange reserves but will also help reduce the pressure on the rupee and ensure financial stability. Government circles say that this support from friendly countries will play an important role in restoring confidence in Pakistan’s economy.

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