Islamabad, April 4, 2026 – The Ministry of Foreign Affairs has firmly rejected recent misleading and unfounded commentary regarding financial deposits from the United Arab Emirates (UAE) held with the State Bank of Pakistan (SBP), clarifying that the repayment process is part of routine financial arrangements between the two countries.
In an official statement, a spokesperson for the ministry emphasized that the deposits were made under bilateral commercial agreements, reflecting the UAE’s continued support for Pakistan’s economic stability and development. The spokesperson added that, in line with mutually agreed terms, the Government of Pakistan, through the SBP, is now returning the matured deposits to the UAE.
“This is a routine financial transaction, and any attempt to portray it otherwise is erroneous and misleading,” the statement said, addressing speculation surrounding the matter.
The ministry further highlighted the deep-rooted and longstanding relationship between Pakistan and the UAE, describing it as a fraternal partnership built on trust and strategic cooperation across multiple sectors, including trade, investment, defence, and strong people-to-people connections.
According to the spokesperson, the ties between the two nations have consistently strengthened over time, with mutual respect and shared interests forming the foundation of their relationship. The statement also acknowledged the pivotal role played by the late Sheikh Zayed bin Sultan Al Nahyan in establishing and nurturing this enduring friendship, noting the special affection he held for Pakistan and its people.
Reaffirming its commitment, the ministry said Pakistan remains dedicated to further strengthening its partnership with the UAE to ensure a shared and prosperous future for both nations.
Officials reiterated that such financial transactions are standard international practices and should not be misinterpreted, urging the public and media to rely on verified information and avoid speculation.