{"id":114459,"date":"2026-04-16T17:03:13","date_gmt":"2026-04-16T14:03:13","guid":{"rendered":"https:\/\/www.capitalfm.co.ke\/business\/?p=114459"},"modified":"2026-04-16T17:03:38","modified_gmt":"2026-04-16T14:03:38","slug":"saudi-arabia-deposits-3bn-in-pakistans-central-bank-extends-5bn-facility","status":"publish","type":"post","link":"https:\/\/www.capitalfm.co.ke\/business\/2026\/04\/saudi-arabia-deposits-3bn-in-pakistans-central-bank-extends-5bn-facility\/","title":{"rendered":"Saudi Arabia deposits $3bn in Pakistan’s central bank, extends $5bn facility"},"content":{"rendered":"
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RIYADH, April 16 (Xinhua) — Saudi Arabia has announced an additional 3 billion U.S. dollars deposit at the State Bank of Pakistan.<\/strong><\/div>\n<\/div>\n<\/div>\n
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It also decided to extend the term of an existing 5 billion dollars deposit at the bank to strengthen the resilience of Pakistan’s economy amid evolving global challenges, the Saudi Press Agency reported on Thursday.<\/p>\n

The measures came after Pakistani Prime Minister Shehbaz Sharif paid an official visit to Saudi Arabia on Wednesday.<\/p>\n

Pakistan has also been leading mediation efforts between the United States and Iran aimed at ending the war and reducing regional escalation.<\/p>\n

Saudi Arabia is one of Pakistan’s largest oil suppliers and has repeatedly provided financial assistance and deferred-payment oil facilities during economic crises.<\/p>\n

In September 2025, the two countries signed a strategic mutual defense agreement, a landmark pact stating that an attack on one would be considered an attack on both, formalizing decades of informal military cooperation.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

It also decided to extend the term of an existing 5 billion dollars deposit at the bank to strengthen the resilience of Pakistan’s economy amid evolving global challenges, the Saudi Press Agency reported on Thursday.<\/p>\n","protected":false},"author":13682,"featured_media":114460,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[27503,6129,8452,4484,4385],"coauthors":[5615],"class_list":["post-114459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-pakistans-central-bank","tag-deposits","tag-extends","tag-facility","tag-saudi-arabia"],"yoast_head":"\nSaudi Arabia deposits $3bn in Pakistan's central bank, extends $5bn facility - Capital Business<\/title>\n<meta name=\"description\" content=\"It also decided to extend the term of an existing 5 billion dollars deposit at the bank to strengthen the resilience of Pakistan's economy amid evolving global challenges, the Saudi Press Agency reported on Thursday. 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