Pakistan Requests UAE To Rollover Loan

Pakistan has officially approached the United Arab Emirates with a formal request to roll over a significant three billion dollar loan that is approaching its maturity date. Sources within the Ministry of Finance have confirmed that Prime Minister Shehbaz Sharif sent a letter to the UAE leadership seeking an extension for this repayment. The loan was originally deposited with the State Bank of Pakistan back in 2021 and is currently due for repayment in specific phases with two billion dollars maturing this month and another one billion dollars in July.

The government remains optimistic that the process for rolling over all three installments will be completed successfully before the deadlines in the second and third weeks of January. This strategic move aligns with assurances given to the International Monetary Fund that the UAE will honor this commitment throughout the loan program. Additionally the administration expects to secure similar rollovers totaling twelve billion dollars from partners like Saudi Arabia and China this year. You can find more details on this financial development at https://www.pakistantoday.com.pk/2026/01/06/pakistan-formally-requests-uae-to-roll-over-3b-loan/. These measures are essential for maintaining fiscal stability during the current economic period. For more updates on the national economy visit https://weeklypakistan.com.pk/.