Pakistan will repay a $2 billion loan to the UAE by the end of April, responding to the UAE’s request for early repayment amid the current global economic situation.
Pakistan will repay a $2 billion loan to the UAE by the end of April, responding to the UAE’s request for early repayment amid the current global economic situation. ISLAMABAD – Pakistan has decided, in principle, to repay a $2 billion loan to the United Arab Emirates , with the payment scheduled for the end of this month.
According to Ministry of Finance sources, the amount, which has been held as a safe deposit in Pakistan’s account, has been accruing interest at a rate of six percent.Previously, the UAE had been rolling over the loan on an annual basis, with partial rollovers in December 2025 for one and then two months.The repayment follows a request from the UAE for the immediate return of funds, prompted by the current international economic situation. Earlier, the UAE had rolled over $2 billion for just one month, with $1 billion maturing on February 16 and the remaining $1 billion on February 22. The Pakistani government had requested the UAE to roll over the deposit for two years and subsequently submitted a fresh request for extension of the facility. In January, the UAE had rolled over $2 billion for one month after the amount matured. A third tranche of $1bn is due to mature in July 2026.
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