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Pakistan Receives Second $1 Billion Saudi Deposit Tranche, SBP Confirms Boost to Forex Reserves

Saudi Arabia gives Pakistan a second $1 billion tranche, which increases SBP reserves, stabilises the economy, and relieves strain on the balance of payments.

Maheen Irshad by Maheen Irshad
Apr 21, 2026 | 2:22 pm
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Pakistan Receives Second $1 Billion Saudi Deposit Tranche, SBP Confirms Boost to Forex Reserves

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Pakistan has received the second installment of $1 billion from Saudi Arabia, completing a $3 billion deposit package intended to strengthen the nation’s unstable economy, according to State Bank of Pakistan (SBP).
The central bank insists that the most recent influx has been credited to Pakistan’s foreign exchange reserves, immediately relieving pressure from outside funding. The money is a component of a larger financial aid package that Saudi Arabia has offered to support Pakistan in maintaining reserve adequacy and stabilising its balance of payments.
“The Ministry of Finance of the Kingdom of Saudi Arabia has given the State Bank of Pakistan US$1 billion with a value date of April 20, 2026”according to a statement released by the central bank on Tuesday.
According to the SBP, the most recent inflow is a portion of the $3 billion deposit that Saudi Arabia just committed to. Last week, the $2 billion first payment was transferred.
According to economists, the inflow is probably going to boost investor confidence and give the rupee some short-term stability. It also strengthens Pakistan’s capacity to continue its economic reforms and fulfil its foreign financial commitments.
Through deposits, oil infrastructure, and direct investments, Saudi Arabia has always been crucial in helping Pakistan through difficult economic times. The most recent section emphasises the two nations’ ongoing economic and geopolitical partnership.

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Maheen Irshad

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