ARTICLE AD BOX
Last Updated:April 16, 2026, 18:50 IST
Saudi Arabia extends a $5 billion deposit and adds 3 billion more to Pakistans central bank, aiming to stabilise Pakistans economy and strengthen bilateral ties.

Saudi Arabia extends a $5 billion deposit and adds 3 billion more to Pakistans central bank, aiming to stabilise Pakistans economy and strengthen bilateral ties. (Image: reuters)
Saudi Arabia has reaffirmed its economic support for Pakistan by extending the term of a $5 billion deposit with Pakistan’s central bank and announcing an additional $3 billion deposit, according to the Saudi Press Agency (SPA).
The move comes under the directives of King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman, and is aimed at strengthening Pakistan’s economic stability amid ongoing global financial pressures.
The $5 billion deposit, already held with the State Bank of Pakistan, will now continue for an extended period, while the fresh $3 billion injection is expected to further bolster the country’s foreign exchange reserves.
Saudi authorities said the support is intended to help Pakistan manage economic challenges, stabilise its currency and improve resilience in the face of global uncertainty.
Riyadh described the assistance as part of its long-standing economic cooperation with Islamabad, highlighting the “deep-rooted ties" and close partnership between the two countries.
The statement said the financial support reflects Saudi Arabia’s continued commitment to backing Pakistan’s economy and improving living conditions for its people.
Officials added that the move reinforces the “bonds of brotherhood" between Saudi Arabia and Pakistan, with economic cooperation remaining a key pillar of their relationship.
The latest support comes at a time when Pakistan continues to navigate fiscal pressures, external debt obligations and the need to maintain adequate reserves.
With this step, Saudi Arabia once again positions itself as a key financial backer for Pakistan, offering crucial support to help stabilise the country’s economy in a challenging global environment.
Handpicked stories, in your inbox
A newsletter with the best of our journalism
Location :
Riyadh, Saudi Arabia
First Published:
April 16, 2026, 18:50 IST
News world Saudi Arabia Extends $5 Billion Aid, Adds $3 Billion More To Support Pakistan Economy
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Read More

21 hours ago
1






English (US) ·