Saudi Arabia and Qatar to Provide $5 Billion Financial Assistance to Pakistan Amid UAE Debt Repayment

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Business Desk

Published Date: April 11, 2026

Published On: ProPakistani

Saudi Arabia and Qatar have assured Pakistan of about $5 billion in financial support, helping Islamabad manage pressure on its foreign-exchange reserves as it prepares to meet external debt obligations due later this month, reported Anadolu Agency.

The expected inflows come as Pakistan is scheduled to repay roughly $3.5 billion to the United Arab Emirates by the end of April, following a request from Abu Dhabi for settlement of outstanding liabilities.

The assistance was discussed during meetings in Islamabad between Pakistan’s Prime Minister Shehbaz Sharif and Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan, where both sides reviewed economic cooperation and regional developments amid heightened geopolitical tensions in the Middle East. Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar and Army Chief Asim Munir also attended the talks.

The report stated that Islamabad has requested additional support from Riyadh, including an extension of its existing oil financing facility and expansion of Saudi cash deposits held with Pakistan’s central bank. While no formal agreements were signed, discussions between the two countries’ finance ministries on potential assistance have been underway for weeks.

The support from Saudi Arabia and Qatar is expected to help Pakistan stabilize reserves, which stood at about $16.4 billion, and maintain external payment capacity through June as higher import costs and regional tensions weigh on the balance of payments.

Authorities are also engaging with international partners ahead of upcoming financial meetings in Washington, as policymakers seek to secure additional buffers against external financing risks.

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