Pakistan receives $1 billion from Saudi Arabia after the State Bank of Pakistan confirmed that the latest inflow reached the central bank as part of a newly agreed $3 billion support package.
The SBP said it received the funds from the Ministry of Finance of the Kingdom of Saudi Arabia with a value date of April 20, 2026. The central bank described the amount as the second tranche of the $3 billion deposit recently agreed between the two countries.
The latest transfer follows an earlier $2 billion inflow, which the SBP had already confirmed as the first tranche of the package.
Together, the two transfers complete the full $3 billion in fresh Saudi financial support mentioned. The inflows come at a time when Pakistan is managing its external financing needs and strengthening its foreign exchange buffers.
SBP Confirms Second Tranche of New Support Package
The SBP is saying the latest $1 billion arrived after the first $2 billion tranche had already been deposited.
That sequence matters because it shows the Saudi commitment is being disbursed in stages rather than through a single transfer. It also underlines the role of bilateral support in Pakistan’s near-term financial planning.
Finance Minister Muhammad Aurangzeb had earlier announced in Washington that Saudi Arabia committed $3 billion in additional financial support for Pakistan.
He also said the existing $5 billion Saudi deposit would no longer remain subject to the earlier annual rollover arrangement and would instead be extended over a longer period. That broader change suggests Saudi backing is becoming a more stable part of Pakistan’s external financing strategy.
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Last week, Saudi Arabia deposited $2 billion into the State Bank of Pakistan account. The SBP confirmed that the transfer was separate and identified it as the first tranche under the latest arrangement.
With the additional $1 billion now received, the full package cited by officials has been completed. The development is likely to be read as a positive signal for Pakistan’s financial position, especially as the government continues discussions around wider fiscal and external financing plans.
