Overview
- Pakistan’s Finance Ministry confirmed on Oct. 27 that the $1 billion oil facility will be available during fiscal year 2025–26.
- Saudi Arabia rolled over $5 billion held at the State Bank of Pakistan, with $2 billion maturing in December 2025 and $3 billion in June 2026.
- The time deposits carry a 4% interest rate and are being renewed annually under the bilateral assistance framework.
- Pakistan has already received over Rs85 billion (about $300 million) in oil this fiscal year, with supplies running at roughly $100 million per month.
- Officials and economists say the support strengthens foreign-exchange buffers, helps steady the rupee, and reinforces investor confidence.