ISLAMABAD: Pakistan on Saturday categorically rejected “misleading and unfounded” commentary regarding financial deposits from the United Arab Emirates held with the State Bank of Pakistan, saying their repayment was a routine transaction under agreed terms.
In a statement, Pakistan’s Ministry of Foreign Affairs said the deposits had been placed under bilateral commercial agreements and demonstrated the UAE’s strong support for Pakistan’s economic stability and prosperity.
The foreign ministry added that Pakistan’s government, through the central bank, was now returning the matured funds in accordance with those mutually agreed terms.
The ministry clarified that this is a routine financial transaction and warned that any attempt to portray the move otherwise was “erroneous and misleading.”
“This is a routine financial transaction, and any attempt to portray it otherwise is erroneous and misleading,” the Ministry of Foreign Affairs stated.
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Pakistan Rejects Misleading Commentary on UAE Financial Deposits, Reaffirms Strong Partnership with UAE pic.twitter.com/0RCfCEbmea
— Ministry of Foreign Affairs – Pakistan (@ForeignOfficePk) April 4, 2026
Islamabad reaffirmed that Pakistan and the United Arab Emirates share a longstanding and fraternal partnership built on trust and strategic cooperation across trade, investment, defence, and people-to-people ties.
“This relationship has stood the test of time and has grown stronger with each passing year. The people of Pakistan warmly cherish the pivotal role played by His Highness, the late Sheikh Zayed bin Sultan Al Nahyan, in forging this enduring friendship, as well as his special affection for Pakistan,” the foreign ministry stated.
Pakistan reaffirmed its full commitment to further strengthening its enduring relationship with the UAE for a shared, prosperous future.
Pakistan will return $2 billion to Abu Dhabi by the end of this month, according to reports. The amount was kept with the State Bank of Pakistan (SBP) as a safe deposit.
