Pakistan Returns Final $1 Billion Deposit to UAE, Confirms SBP
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Pakistan has completed the repayment of $3.45 billion in deposits to the United Arab Emirates after the State Bank of Pakistan (SBP) confirmed today that another $1 billion had been disbursed on April 23, 2026.
According to the central bank, the latest payment was made to the Abu Dhabi Fund for Development (ADFD) following the maturity of deposits previously placed with the SBP.
The transfer marks the final installment after Pakistan repaid $2.45 billion to the UAE last week.
SBP confirmed on X that the funds were successfully remitted upon maturity under agreed financial arrangements.
The deposits had been maintained as State Administration of Foreign Exchange (SAFE) deposits, which friendly countries provide to help strengthen Pakistan’s foreign exchange reserves and support external financing needs during periods of economic pressure.
With the latest transfer, Pakistan has now fully settled $3.45 billion in UAE deposits within a span of one week.
Such bilateral deposit arrangements have historically played a critical role in stabilizing Pakistan’s external account.
The central bank did not disclose whether fresh rollover arrangements or new deposits from the UAE are expected following the repayments.
