Pakistan secures $3bn Saudi funding amid debt pressures

Pakistan has secured a $3 billion deposit from Saudi Arabia to support its foreign exchange reserves, as the country prepares for a significant external debt repayment.

A spokesperson for the Saudi Ministry of Finance confirmed the agreement, while Finance Minister Muhammad Aurangzeb said an existing $5 billion Saudi deposit would also be extended.

The funding comes ahead of Prime Minister Shehbaz Sharif’s planned visit to Saudi Arabia, underscoring deepening Pakistan–Saudi economic and security cooperation.

• Pakistan faces a $3.5 billion repayment to the UAE, around 18% of reserves, this month

• Saudi Arabia’s deposit aims to stabilise Pakistan’s balance of payments

• Bilateral ties have expanded, including a mutual defence pact signed in 2025

• Pakistan has recently supported Saudi Arabia amid regional security tensions

ℹ️ DW News

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Pakistan’s Prime Minister Shehbaz Sharif along with Pakistan’s Chief of Army Staff (COAS) Asim Munir during the meeting with Saudi Arabia Finance Minister Mohammed Al-Jadaan as Pakistan prepares to host the U.S. and Iran for peace talks, in Islamabad, Pakistan April 10, 2026. Press Information Department (PID)/Handout via REUTERS
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Pakistan secures $3bn Saudi funding amid debt pressures
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