ISLAMABAD: According to the State Bank of Pakistan’s spokesperson, the amount was held in Pakistan’s account as a Special Deposit.
Sources indicate that due to the current international situation, the United Arab Emirates recently demanded the immediate repatriation of these funds, prompting Pakistan to decide on repayment.
The Ministry of Finance sources disclosed that Pakistan was paying interest at a rate of 6% on this amount. The UAE had been rolling over the funds annually, with the amount being extended for one month in December 2025, and subsequently for two months.
Meanwhile, Pakistan recently received $2 billion from Saudi Arabia as part of financial support, and Riyadh has also assured Pakistan of depositing an additional $3 billion in the near future.
