The central bank confirms the arrival of the final installment of the $3 billion deposit agreement.
Key Takeaways
• The State Bank of Pakistan received $1 billion on April 20, 2026, marking the second and final tranche of the Saudi deposit facility.
• Total inflows from this specific agreement now stand at $3 billion, with the first $2 billion installment received on April 15, 2026.
• These funds are critical for shoring up foreign exchange reserves and ensuring the stability of Pakistan’s external financial account.
Karachi, Pakistan – The State Bank of Pakistan has officially received $1 billion from the Ministry of Finance, Kingdom of Saudi Arabia, completing the recently finalized $3 billion deposit arrangement. This second tranche, credited on April 20, 2026, follows the initial $2 billion inflow that reached the central bank earlier this month.
The completion of the $3 billion deposit highlights the enduring financial partnership between Islamabad and Riyadh during critical economic cycles.
In a recent 𝕏 post, the State Bank of Pakistan said: “State Bank of Pakistan has received funds of US$ 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 been received in the value date of 15April2026.”
The arrival of these funds is a significant boost for the country’s external sector. A news story published by Business Recorder confirms that these deposits are vital for stabilizing foreign exchange reserves as Pakistan manages its heavy external debt repayment schedule. This liquidity provides a necessary cushion for the Pakistani Rupee, which often faces pressure during periods of high debt servicing. The completion of this $3 billion facility highlights the continued financial cooperation between Islamabad and Riyadh to maintain macroeconomic stability.
Disclaimer
This report is for informational purposes and does not necessarily reflect the views of ‘Money Matters Pakistan’. We welcome any corrections or alternative viewpoints from our readers to ensure a balanced perspective.
