{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreif3a55eaa325ykwbefpfr6xchdmjnclbfne4q4brcy4kpi2ren2qm",
    "uri": "at://did:plc:jpckpkvpjawehyqenhblotzo/app.bsky.feed.post/3mk7y2zpqns72"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreibgm3wodus6p33kgb4bqkqtwj6rp23ji5wcx4vs3gjcm45nbll4rm"
    },
    "mimeType": "image/jpeg",
    "size": 45593
  },
  "path": "/latest/pakistan-completes-3-45b-debt-repayment-to-uae/",
  "publishedAt": "2026-04-24T06:01:37.000Z",
  "site": "https://humenglish.com",
  "tags": [
    "Latest",
    "Pakistan",
    "Pakistan completes $3.45b debt repayment to UAE",
    "HUM News English"
  ],
  "textContent": "WEB DESK: The State Bank of Pakistan (SBP) has successfully concluded the full repayment of $3.45b in deposits to the United Arab Emirates, marking a significant milestone in the country’s external debt management strategy.\n\nThe final settlement was reached on Thursday following the transfer of $1b to the Abu Dhabi Fund for Development (ADFD), officially clearing the outstanding balance of the short-term financial support package provided by the Gulf ally.\n\n## Strengthening fiscal credibility\n\nThe final $1b payment follows a substantial $2.45b repayment made only last week, signaling a robust effort by the central bank to meet its international obligations on schedule.\n\nTraditionally, these deposits have been rolled over annually to provide a cushion for Pakistan’s foreign exchange reserves. However, the decision to retire the full $3.45b debt demonstrates a pivot toward reducing reliance on temporary deposit inflows.\n\nThis move is expected to bolster Pakistan’s standing with international credit rating agencies and multilateral lenders by proving its capacity to manage large-scale capital outflows without destabilising the domestic economy.\n\n### Maintaining reserve stability\n\nDespite the significant outflow of dollars, the State Bank remains optimistic about maintaining a stable reserve position as the current fiscal year draws to a close.\n\nTo mitigate the impact of the UAE repayment, the government has intensified efforts to diversify its funding sources, including the recent extension of a $3b deposit from Saudi Arabia and the successful issuance of a $500m Eurobond.\n\nAnalysts suggest that while the immediate liquidity has been tested, the move aligns with the broader objectives of the IMF-supported programme, which aims to bring foreign exchange reserves to a target of approximately $18b by June.\n\nThe post Pakistan completes $3.45b debt repayment to UAE appeared first on HUM News English.",
  "title": "Pakistan completes $3.45b debt repayment to UAE"
}