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Pakistan rejects misleading claims over UAE financial deposits

Published on: April 5, 2026 10:25 AM

The government of Pakistan has rejected what it described as misleading claims regarding financial deposits placed by the United Arab Emirates with the State Bank of Pakistan, clarifying that their repayment follows routine financial arrangements agreed between both countries. Officials stressed that the funds are being returned after reaching maturity under previously established bilateral commercial agreements, and the process reflects normal financial coordination rather than any unusual or concerning development.

Red more : UAE prepares for extended Eid Al Adha holiday break –

In an official statement issued from Islamabad, the Ministry of Foreign Affairs firmly dismissed speculation suggesting irregularities in the handling of the deposits. Authorities explained that such financial placements are commonly used to support economic stability and liquidity management between friendly nations. Therefore, the return of these deposits through the central bank is simply the completion of a routine cycle under mutually agreed terms.

Officials also clarified that the deposits symbolised the UAE’s continued confidence in Pakistan’s economic stability and its willingness to assist during challenging financial periods. Consequently, the repayment process has been conducted in full accordance with conditions agreed between both governments. Authorities emphasised that portraying the repayment as anything unusual or problematic ignores the normal structure of international financial cooperation between partner states.

Read more : UAE allows expired visa holders to return until march 31 

Meanwhile, the clarification follows growing public debate and commentary questioning the timing and nature of the repayment process. Officials noted that many interpretations circulating online were based on incomplete financial knowledge and misreading of bilateral arrangements. They explained that such deposits often operate on fixed timelines, and returning funds upon maturity is standard practice in global financial cooperation.

At the same time, Pakistan reaffirmed its strong and longstanding partnership with the UAE, highlighting cooperation in trade, investment, defence collaboration and people-to-people connections developed over decades. Officials described the relationship as fraternal and rooted in deep trust. They also reiterated that both countries continue to work closely to strengthen economic ties and promote regional stability.

The statement also honoured Sheikh Zayed bin Sultan Al Nahyan, acknowledging his historic role in building strong ties with Pakistan. His support laid the foundation for a durable partnership that continues to grow through economic cooperation, diplomatic engagement and shared regional interests between Islamabad and Abu Dhabi.

Filed Under: Pakistan Tagged With: bilateral financial deal, Latest, Lead2, Pakistan economy support, Pakistan Foreign Office, Pakistan UAE deposits, UAE financial support, UAE Pakistan ties

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