Pakistan Returns UAE Deposits on Scheduled Terms, Says Foreign Office

Pakistan returns UAE deposits on scheduled terms, the Foreign Office clarified, rejecting recent comments about the United Arab Emirates’ financial reserves. Officials called such remarks misleading and stated that claims against the country’s financial dealings are baseless and contradict the facts.

The spokesperson explained that the reserves kept in the State Bank were part of bilateral trade agreements. Pakistan is returning the funds after the agreed-upon period ended. This process is a routine financial procedure, and portraying it otherwise is misleading and creates unnecessary confusion.

Moreover, the Foreign Office highlighted the longstanding and brotherly relations between Pakistan and the UAE. Both countries maintain strategic cooperation in trade, investment, and defense. Officials emphasized that the return of deposits does not affect the strong bilateral relationship, which continues to grow steadily.

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According to the statement, Pakistan will return $2 billion in UAE deposits with six percent profit on April 17, 2026. Additionally, $1.3 billion from a Eurobond will be paid on April 8, 2026. The total repayment, including principal and profit, will amount to $3.5 billion, while another $1 billion is due in July 2026.

Finally, Pakistan returns UAE deposits on scheduled terms and reaffirmed its commitment to strong bilateral ties. The Foreign Office stressed that all financial transactions are conducted transparently and in accordance with agreed conditions, ensuring that Pakistan continues to honor its international obligations responsibly.