ISLAMABAD, November 4, 2026: Finance Minister Senator Muhammad Aurangzeb has confirmed that Saudi Arabia has rolled over a $3 billion loan to Pakistan, providing continued financial support as the country manages its external debt obligations.
Speaking to journalists at Parliament House in Islamabad, Aurangzeb said the repayment of the Saudi loan had been deferred for an appropriate period, reflecting the strength of financial and diplomatic relations between the two countries.
The finance minister said he had held a productive meeting with his Saudi counterpart and expressed confidence in Riyadh’s continued cooperation with Islamabad.
He said Pakistan had no immediate need for additional financial assistance from Saudi Arabia, citing an improvement in the country’s external financial position.
“We have three months of import cover,” Aurangzeb said, referring to the country’s capacity to finance imports through its foreign exchange reserves.
The minister also addressed Pakistan’s upcoming international debt repayments, saying the country faces approximately $1.5 billion in Eurobond payments annually.
He said the government was working to ensure that these obligations could be met without creating financial difficulties for future administrations.
Aurangzeb stressed the importance of maintaining a sustainable repayment framework to manage external liabilities and preserve financial stability.
Discussing Pakistan’s ongoing engagement with the International Monetary Fund (IMF), the finance minister said the IMF Executive Board could meet in December 2026.
However, he clarified that no date had yet been confirmed for the meeting.
The Saudi loan rollover comes as Pakistan continues to manage its external financing requirements, international bond repayments and commitments under its IMF-supported economic programme.