Saudi Arabia Extends $6 Billion Support to Pakistan: $1B Oil Facility, $5B Deposits Rolled Over

According to the Ministry of Finance, Riyadh will provide a $1 billion oil facility—equivalent to approximately Rs 290 billion—to help Pakistan manage its energy import bills. Additionally, $5 billion worth of deposits will be rolled over to stabilize Pakistan’s foreign exchange reserves.

Out of these deposits, $2 billion are due in December 2025, while $3 billion will mature in June 2026. The funds, provided at a 4% interest rate, serve as vital budgetary support for Islamabad.

Officials further revealed that during the first three months of the current fiscal year, Rs 85 billion worth of oil facility (around $300 million) has already been utilized. Saudi Arabia continues to extend this support monthly, amounting to $100 million or Rs 28.37 billion per month.

The financial package reflects Riyadh’s continued trust in Pakistan’s economic recovery program and its strategic alliance with Islamabad.