Finance Minister Muhammad Aurangzeb announced that Saudi Arabia will provide an additional $3 billion deposit to Pakistan, expected within days, while extending its existing $5 billion support for three years without annual renewal.
Speaking in Washington, D.C. during the World Bank–IMF Spring Meetings 2026, Aurangzeb said the assistance comes at a critical time and will help stabilise foreign exchange reserves and strengthen the external account.
He reiterated the government’s target of raising reserves to around $18 billion by the end of the fiscal year. The minister also highlighted Pakistan’s successful repayment of a $1.4 billion Eurobond, reaffirming commitment to meeting all external obligations on time.
Aurangzeb noted growing international confidence in Pakistan’s economy and acknowledged Saudi leadership’s continued support, terming it vital for sustaining economic stability and future financial planning.
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