Pakistan has completed the repayment of $3.45 billion in deposits to the United Arab Emirates after the State Bank of Pakistan confirmed that another $1 billion was remitted on April 23, 2026.

According to the central bank, the latest payment was made to the Abu Dhabi Fund for Development following the maturity of deposits previously placed with the SBP.

The transfer marked the final installment in the repayment cycle after Pakistan had already paid back $2.45 billion to the UAE last week.

The State Bank said the funds were remitted on maturity under agreed financial arrangements.

The deposits had been maintained as State Administration of Foreign Exchange deposits, a form of bilateral support extended by friendly countries to help strengthen Pakistan’s foreign exchange reserves and ease external financing pressures.

With the latest transfer, Pakistan has now fully settled $3.45 billion in UAE deposits within a week, underlining the country’s effort to meet its external financial obligations on time.

Such bilateral deposit arrangements have long played an important role in supporting Pakistan’s external account, bolstering market confidence and reinforcing economic reform programs backed by international lenders.

The central bank did not say whether the UAE would roll over any of the repaid funds or provide fresh deposits after the repayments.