Pakistan has received another $1 billion from Saudi Arabia, providing a major boost to foreign exchange reserves and supporting economic stability.

According to the State Bank of Pakistan, the latest inflow is the second tranche of a $3 billion deposit pledged by Saudi Arabia. The amount has been transferred by the Saudi Ministry of Finance directly to the central bank, reinforcing Pakistan’s financial position.

Earlier, Pakistan received the first tranche of $2 billion on April 15, completing the full $3 billion support package. Officials say this inflow will help stabilize the country’s reserves, ease external financing pressure, and strengthen investor confidence.

The financial cooperation between the two countries also includes the rollover of the $3 billion deposit already placed with Pakistan. This extension agreement was signed between the State Bank of Pakistan and the Saudi Fund for Development, ensuring continued financial backing.

Also Read: Tehran airports reopen as Iran restores flights after tensions

Finance Minister Muhammad Aurangzeb attended the signing ceremony in Washington, D.C. during the 2026 Spring Meetings of the World Bank and the International Monetary Fund. Senior officials, including Pakistan’s ambassador to the United States, were also present.

Experts believe this support will improve Pakistan’s external account outlook and provide short-term relief to the economy. However, they stress that long-term stability will depend on sustained reforms and consistent inflows.