Pakistan has successfully repaid a total of $3.45 billion in deposits to the United Arab Emirates, after the State Bank of Pakistan (SBP) confirmed that an additional $1 billion payment was made on April 23, 2026.
According to the central bank, this latest payment was made to the Abu Dhabi Fund for Development (ADFD) after the maturity of deposits that were earlier placed with SBP.
This marks the final installment, as Pakistan had already repaid $2.45 billion to the UAE just last week, completing the full $3.45 billion repayment within a short span.
The SBP also confirmed on X that the amount was successfully transferred upon maturity under agreed financial arrangements.
These funds were held as State Administration of Foreign Exchange (SAFE) deposits, which are typically provided by friendly countries to help boost Pakistan’s foreign exchange reserves and support external financing during challenging economic times.
With this latest payment, Pakistan has now fully cleared all $3.45 billion in UAE deposits within a week.
Such bilateral financial support arrangements have historically been important in maintaining stability in Pakistan’s external account.
However, the central bank has not shared any details about whether the UAE will roll over these deposits or provide fresh financial support going forward.