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Saudi Arabia·Pakistan·Trade & Economy·Diplomacy·IMF

Saudi Arabia pledges $3 billion in fresh support for Pakistan's economy

Wednesday, 15 April 2026, 04:04 · 1 min read

Saudi Arabia has pledged an additional $3 billion deposit for Pakistan and extended an existing $5 billion facility for a further three years through 2028, Pakistan's Finance Minister Muhammad Aurangzeb announced on the sidelines of the World Bank–IMF Spring Meetings in Washington. Aurangzeb described the support as arriving at a "critical time," as Pakistan faces pressure on its foreign reserves following a scheduled $3.5 billion loan repayment to the UAE, and is working to meet targets under its IMF programme — including building reserves to around $18 billion by the end of the fiscal year. The deal, which replaces a previous annual rollover arrangement with a longer-term commitment, is seen as a significant boost to Pakistan's external financing position and its ability to meet upcoming debt obligations.

Sources
Channel NewsAsiaPakistan says Saudi Arabia pledges $3 billion more in support for it ↗︎DawnSaudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028 ↗︎
Also covered by
Channel NewsAsia [1] [2] · The Hindu
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