Karachi, December 4, 2025 – In a major development for Pakistan’s financial stability, the State Bank of Pakistan (SBP) announced on Thursday that the Saudi Fund for Development (SFD), on behalf of the Kingdom of Saudi Arabia, has rolled over its existing $3 billion deposit for another year.
The deposit, which was scheduled to mature on December 8, 2025, will now remain with the central bank through 2026.
According to the SBP, this extension reflects the Kingdom’s continued commitment to supporting Pakistan’s economic recovery and maintaining the country’s external account stability. The $3 billion fund is held by the SBP on behalf of the Government of Pakistan and forms a crucial part of the nation’s foreign exchange reserves.
The SBP noted that the rollover will not only help strengthen Pakistan’s reserve buffers but also provide much-needed confidence to international markets and development partners. The financial backing comes at a time when Pakistan is working to stabilize its currency, manage external financing requirements, and maintain steady economic growth.
The deposit was originally placed with the SBP in 2021 as part of Saudi Arabia’s broader economic assistance package for Pakistan. Since then, the Kingdom has repeatedly extended the facility, underscoring strong bilateral ties and Riyadh’s ongoing support for Pakistan’s economic reforms.
Pakistan’s economic managers have welcomed the gesture, saying it will contribute positively to macroeconomic indicators, boost investor sentiment, and support ongoing fiscal and monetary stabilization efforts.