Saudi Arabia has rolled over a US$3.0 billion deposit with the State Bank of Pakistan (SBP) for another year, according to an official announcement on December 4, 2025.
This deposit was originally placed in 2021 through the Saudi Fund for Development (SFD) and has since been renewed annually, most recently in 2024.
The extension comes at a crucial time for Pakistan’s economy. As of November 21, 2025, SBP’s foreign exchange reserves stood at about US$14.56 billion. By preserving this deposit, Pakistan prevents the immediate outflow of funds, safeguards its reserves, and avoids pressure on external debt repayments.
Officials say this support will help stabilize the economy and allow continued financial operations without sudden shortages.
Over the years, this rollover agreement has proved to be a lifeline. The funds have helped manage external balance-of-payments pressures, supported import needs, and cushioned the economy against global financial turbulence.
Analysts and policymakers view this renewed deposit as a signal of sustained cooperation between Saudi Arabia and Pakistan. It reinforces investor and stakeholder confidence at a time when Pakistan is working to maintain macroeconomic stability, meet fiscal obligations, and manage economic reforms.
With this development, many hope the extra liquidity will ease foreign exchange constraints, support imports (including essential commodities and energy), and help stabilize domestic currency pressure.
For now, the $3 billion rollover offers critical breathing space and financial headroom, even as long-term reforms and economic restructuring continue.
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