# Saudi Arabia rolls over $3 billion deposit for Pakistan again, Aurangzeb says

Source: Searchable (https://searchable.pk/news/economy/saudi-arabia-rolls-over-dollar3-billion-deposit-for-pakistan-again-aurangzeb)
Type: News article
Author: Searchable Editorial
Published: 5 Nov 2026
Updated: 5 Nov 2026
Retrieved: 5 Nov 2026

> The finance minister says the kingdom's $3 billion support has been extended and Pakistan needs no new money from Riyadh for now, with reserves covering about three months of imports.

**Saudi Arabia has rolled over its $3 billion financial support to Pakistan** for a further period, Finance Minister Muhammad Aurangzeb told reporters at Parliament House on Wednesday, ProPakistani reported. The money is a deposit the kingdom keeps with the State Bank of Pakistan, and the rollover means Pakistan does not have to repay it when it falls due.

## What Aurangzeb said

- The repayment has been **deferred "for an appropriate period"** after talks between the two governments. He did not give the new maturity date.
- He had a **productive meeting with his Saudi counterpart**.
- Pakistan **does not need any additional financial assistance** from Saudi Arabia at present.
- Foreign exchange reserves are enough to cover **about three months of imports**.
- The government is working to **spread out external debt repayments** so that they do not bunch up in any one year.

## Why a rollover matters

A $3 billion repayment would take a large share of the State Bank's reserves in one go. Rolling it over keeps that money on the books, which supports the rupee, keeps Pakistan inside the reserve targets agreed with the IMF, and avoids new borrowing at higher rates to repay an old loan. Saudi Arabia, China and the UAE have repeatedly rolled over deposits like this in recent years, and the IMF counts on such rollovers when it reviews Pakistan's financing.

For readers, the effect is indirect but real. A steady reserve position is one reason the dollar has stayed near **Rs 276.7** in the interbank market ([dollar rate today](/data/usd-pkr)). It also matters for the many Pakistanis working in Saudi Arabia and their families at home: the riyal is at about **Rs 73.79** ([SAR to PKR today](/data/sar-pkr)), and you can check what a transfer is worth with the [currency converter](/tools/finance/currency-converter).

## The wider picture this week

The rollover comes as oil fell to its lowest since August, which helps the import bill ([oil story](/news/markets/brent-crude-falls-87percent-to-dollar9462-lowest-since-august-after-us-midterms)). Pakistan also offered Saudi Arabia tax-free oil storage away from the Strait of Hormuz last week ([our story](/news/business/pakistan-offers-saudi-arabia-tax-free-oil-storage-away-from-hormuz-saudi-embassy)).

## What is not yet known

The finance ministry has not published the new maturity date or any change in the rate Pakistan pays on the deposit. We will add both when they are announced.

## Frequently asked questions

**Has Saudi Arabia rolled over its $3 billion loan to Pakistan?**

Yes. Finance Minister Muhammad Aurangzeb said on 4 November 2026 that the $3 billion Saudi support had been deferred for a further period. The new maturity date has not been announced.

## Sources

- Pakistan Gets Another $3 Billion Loan Rollover from Saudi Arabia (4 Nov 2026) (ProPakistani): https://propakistani.pk/2026/11/04/pakistan-gets-another-3-billion-loan-rollover-from-saudi-arabia/

How to cite: "Saudi Arabia rolls over $3 billion deposit for Pakistan again, Aurangzeb says", Searchable, 5 Nov 2026, https://searchable.pk/news/economy/saudi-arabia-rolls-over-dollar3-billion-deposit-for-pakistan-again-aurangzeb