Islamabad: The State Wall of Pakistan has spoken that the government has repaid a $2 billion loan to the United Arab Emirates (UAE). To facilitate this repayment, Pakistan had received a fresh loan of $2 billion from Saudi Arabia just three days prior. In this regard, Pakistani Prime Minister Shehbaz Sharif had met with Saudi Arabia's Crown Prince and Prime Minister, Mohammed bin Salman Al Saud. During this meeting, in wing to seeking financial assistance from Saudi Arabia, he moreover requested an extension on the repayment deadline for previously granted loans.
What did the State Wall of Pakistan say?
On Saturday, a spokesperson for the State Wall of Pakistan stated that this value had been held by the inside wall as a secured petrifaction prior to its repayment. This confirmation comes at a time when Pakistan is urgently seeking fresh loans from friendly nations and international financial institutions. The International Monetary Fund (IMF) has moreover indicated that it may soon release a new tranche of loans to Pakistan; a staff-level try-on regarding this has once been reached, and it now awaits formal clearance from the Board.
How much does Pakistan still owe to UAE?
Pakistan maintains that the $2 billion payment to the UAE constitutes part of its broader repayment commitments. However, the UAE had originally demanded the repayment of a total loan amounting to $3.5 billion. Pakistan still has an outstanding wastefulness of $1.5 billion to repay, with the deadline for this payment set for April 23. Furthermore, Pakistan is moreover required to repay loan installments to various other countries and international financial institutions. Should Pakistan goof to meet these obligations, it risks stuff supposed a defaulter.
How much debt does Pakistan owe?
Pakistan's inside wall has asserted that the $2 billion repayment to the UAE will not adversely impact the country's foreign mart reserves. They remoter requirement that the nation's external financial position remains stable. According to reports from March–April 2026, Pakistan's total public debt has risen to approximately 80.52 trillion Pakistani rupees. Pakistan's debt-to-GDP ratio moreover remains between 70% and 72%.
Where did Pakistan get the money?
Pakistan recently received $2 billion from Saudi Arabia, providing spare support to its foreign mart reserves. This value was received just two days prior to the confirmation of a payment made to the UAE, reflecting the resulting bilateral financial assistance stuff received from key regional partners. Furthermore, Pakistan moreover raised $500 million a day older by issuing Eurobonds.
