Pakistan has determined to repay a mortgage taken from the United Arab Emirates (UAE), sources mentioned on Friday.
The sources mentioned Islamabad will return $2 billion to Abu Dhabi by the top of this month. The quantity was stored with the State Financial institution of Pakistan (SBP) as a protected deposit.
The insiders mentioned Pakistan has been paying round 6% curiosity on the quantity. Previously, the UAE used to roll over the deposit on a yearly foundation. Nevertheless, in December 2025, the quantity was prolonged first for one month after which for 2 months.
Sources added that the UAE lately requested for the rapid return of the funds within the wake of the current scenario within the Center East following the US-Israel battle on Iran.
Earlier in February, the UAE had agreed in precept to grant a rollover of a $2 billion deposit for a short-term interval of simply two months, The Information learnt.
This assurance was given to Pakistan when Deputy Prime Minister Ishaq Dar contacted the UAE high-ups this week. A prime official confirmed that the UAE had agreed to the short-term rollover till April 17, 2026.
Earlier, the UAE had rolled over $2 billion for only one month, with $1 billion maturing on February 16 and the remaining $1 billion on February 22.
The Pakistani authorities had requested the UAE to roll over the deposit for 2 years and subsequently submitted a contemporary request for extension of the ability.
In January, the UAE had rolled over $2 billion for one month after the quantity matured. A 3rd tranche of $1bn is because of mature in July 2026.
In accordance with officers, the Abu Dhabi Fund for Growth has positioned $3 billion with the State Financial institution of Pakistan in three separate tranches. Two tranches of $1 billion every matured on January 17 and January 23 and had been rolled over for one month, whereas the third tranche of $1 billion is because of mature in July and might be taken up for rollover nearer to its maturity.
For the present fiscal 12 months, Pakistan is searching for rollover of roughly $12 billion in exterior deposits, together with round $9 billion from Saudi Arabia and China — $5 billion from Saudi Arabia and $4 billion from China — along with the $3 billion positioned by the UAE.
