Saudi Arabia made poor Pakistan rich overnight! Sent 3 billion dollars in 2 installments

New Delhi: Pakistan, which is facing economic difficulties, has got a big relief from Saudi Arabia. State Bank of Pakistan confirmed that on 20 April 2026, it received an amount of US $ 1 billion from the Finance Ministry of Saudi Arabia. This amount is equal to approximately 28 thousand crore Pakistani rupees.

Last installment of $3 billion package

This amount is the second and final part of the total package of $3 billion promised by Saudi Arabia. Earlier, on April 15, 2026, Pakistan had received $2 billion as the first installment of this package. With both the installments, Pakistan’s foreign exchange reserves have strengthened significantly.

This help has been given to handle the weak economy of Pakistan. Saudi Arabia has been Pakistan’s economic partner for a long time and this time too it provided timely assistance.

Pakistan’s economic situation is critical

Pakistan is still burdened with heavy debt. There is constant pressure on the government treasury due to timely repayment of loan. By the end of March, the country’s foreign exchange reserves were around $16.4 billion, which could cover only three months of imports.

In such a situation, this amount from Saudi Arabia will prove important in strengthening the external financial balance of Pakistan. The government also has to follow the strict rules of IMF, for which it is necessary to increase foreign exchange reserves.

Why did Saudi Arabia help?

Saudi Arabia gave this help quickly because Pakistan had recently given military support to Saudi Arabia against Iran. However, many challenges still remain for Pakistan. The United Arab Emirates (UAE) has recalled its $3.5 billion loan in March, raising concerns about lack of funding. This has happened for the first time in the last seven years.

This assistance from Saudi Arabia will provide immediate relief to Pakistan, but further reforms will have to be done to permanently strengthen the country’s economy. Debt repayment, energy prices and dependence on IMF programs are still major problems.