Saudi Arabia gives Pakistan $3 billion more in additional deposits. The funds will arrive within days. This support comes at a critical time for Pakistan’s external financing needs. The kingdom also extends its existing $5 billion deposit. That money will no longer roll over every year. Instead, it stretches over a much longer period. This move adds serious stability to Pakistan’s reserve position.

Finance Minister Muhammad Aurangzeb announced the news in Washington, D.C. He spoke on the sidelines of the World Bank IMF Spring Meetings 2026. Aurangzeb confirmed that Pakistan recently repaid a $1.4 billion Eurobond. He called that repayment a “non event.” The government will meet all future external obligations on time. He also thanked Saudi leadership, especially Mohammed bin Salman, for their steady cooperation.

The government now targets around $18 billion in reserves by year end. That amount equals roughly 3.3 months of import cover. Aurangzeb met with Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan in Washington. They also met in Islamabad the previous Friday. The government waited for formal communication before commenting publicly. This careful approach shows strong coordination between both allies.

Pakistan is also advancing its broader external financing strategy. The plan includes a Global Medium Term Note programme. It also features a planned inaugural Panda Bond issuance. These steps will diversify funding sources and strengthen market access. The government remains committed to macroeconomic stability and timely debt repayments. Saudi Arabia gives Pakistan $3 billion more, and the message is unmistakable. The kingdom stands firmly with Pakistan during a defining moment.