KARACHI, Sindh, April 24, 2026: The Pakistan-UAE deposits repayment was completed as the State Bank of Pakistan (SBP) confirmed it returned the final $1 billion to the Abu Dhabi Fund for Development (ADFD), bringing total repayments to $3.45 billion.
The latest payment was made on April 23, following a $2.45 billion repayment earlier in the week, according to an official SBP statement shared on X.
Pakistan has fully repaid $3.45 billion in deposits to the UAE, including a final $1 billion payment on April 23, 2026. The repayments, confirmed by the State Bank of Pakistan, come amid pressure on external financing and ahead of a potential $1.3 billion IMF tranche approval.
Breakdown of Pakistan UAE Deposits Repayment
The State Bank of Pakistan said the final instalment was paid to the Abu Dhabi Fund for Development, completing the return of all UAE deposits held by the central bank.
“This completes the repayment of total deposits of $3.45 billion to the UAE,” the SBP stated in its official communication.
On April 18, the SBP confirmed the repayment of $2.45 billion, which had been deposited with the central bank. These deposits are typically used to support foreign exchange reserves and stabilise the balance of payments.
The Pakistan-UAE deposits repayment is expected to increase pressure on the country’s external financing position. Economists note that returning deposits reduces available foreign exchange buffers.
In addition, the repayment includes an estimated 6% interest, which adds to the financial burden. Pakistan has also recently repaid approximately $1.43 billion in external debt, including a $1.3 billion Eurobond, according to official data.
Read: Pakistan Finalizes Debt Repayment for UAE Loans, Eurobonds
These combined outflows highlight the scale of obligations the country is managing in 2026. Pakistan secured some relief through Saudi Arabia, which agreed to extend the maturity of a $3 billion deposit placed with the SBP.
Earlier in April, the SBP confirmed it received $2 billion from Saudi Arabia with a value date of April 15, 2026.
