Pakistan says it has repaid $3.45 billion debt to UAE
Riyaz ul KhaliqSaturday April 25, 2026
Pakistan said Friday that it has fully repaid $3.45 billion in debt to the United Arab Emirates, marking the clearing of a major external obligation for the cash-strapped economy.
In a statement, the State Bank of Pakistan said it had returned a $1 billion deposit to the Abu Dhabi Fund for Development (ADFD), UAE.
“Deposits of $2.45 billion were repaid last week. This completes the repayment of total deposits of $3.45 billion to the UAE,” the central bank said.
The repayment comes at a…