Pakistan has fully repaid $3.45 billion in deposits to the United Arab Emirates after making a final $1 billion payment on April 23, 2026, according to the State Bank of Pakistan (SBP).
The central bank said the latest repayment was made to the Abu Dhabi Fund for Development (ADFD) after the maturity of deposits previously placed with SBP.
This comes after Pakistan repaid $2.45 billion to the UAE last week, completing the full settlement within one week.
SBP confirmed on X that the payment was successfully transferred under agreed financial arrangements.
The deposits were held as SAFE deposits, a financial support mechanism used by friendly countries to help strengthen Pakistan’s foreign exchange reserves and support external financing during economic stress.
With the final payment completed, Pakistan has now cleared all outstanding UAE deposits totaling $3.45 billion.
The central bank did not share whether any fresh rollover, extension, or new deposit arrangement with the UAE is expected after the repayments.
