Pakistan pays $2 billion to UAE: SBP

KARACHI: The State Bank of Pakistan (SBP) has confirmed that the country has made a payment of $2 billion to the United Arab Emirates.

According to an SBP spokesperson, the amount had earlier been placed in Pakistan’s account under a safe deposit arrangement. The spokesperson added that the transaction has now been completed as part of ongoing financial arrangements between the two countries.

Meanwhile, SBP Governor Jameel Ahmad said that Pakistan’s key macroeconomic indicators have shown faster-than-expected improvement since the beginning of the current fiscal year.

He made these remarks during meetings with senior executives of major global financial and investment institutions, including Barclays, Franklin Templeton, JP Morgan, Jefferies, and Citibank, as well as leading credit rating agencies such as Fitch, Moody’s, and S&P Global.

The engagements took place on the sidelines of the IMF–World Bank Spring Meetings held from April 13 to 18, 2026.

According to the central bank statement, Jameel Ahmad also held important bilateral meetings with senior leadership of the International Monetary Fund (IMF) and the World Bank Group, where Pakistan’s economic outlook and reform agenda were discussed.