Islamabad (Turkiye Khabar) – The United Arab Emirates has, in principle, agreed to a two-month extension of Pakistan’s $2 billion deposit.
According to private TV reports, it has been agreed that the amount will be rolled over until 17th April 2026, providing temporary financial support to Pakistan. The extension has been approved at an interest rate of 6.5%, with formal approval from relevant authorities expected soon.
Sources said the development came after Deputy Prime Minister and Foreign Minister Ishaq Dar contacted senior UAE officials to brief them on Pakistan’s current financial situation. Foreign Office spokesperson Tahir Hussain Andrabi stated that Ishaq Dar is personally overseeing the matter and consulting with UAE authorities.
Officials indicated that this move is a significant step during the IMF’s third review talks, and Pakistan will approach the UAE again for a long-term rollover after completing its IMF agreement. The spokesperson emphasized that the decision on the rollover period rests with the lending country and that Pakistan’s external financial profile remains intact.
