Pakistan Gets $1B Oil Facility from Saudi Arabia

Saudi Arabia has granted Pakistan a $1 billion oil facility in the 2025-26 fiscal year, and a rollover deposit of 5billion, which is a big move towards ensuring that Pakistan is economically stable.

The oil facility to Pakistan, with a value of $1 billion according to the Ministry of finance, amounts to approximately Rs. 290 billion. Saudi Arabia has already rendered oil assistance of more than 85 billion (approximately 300 million dollars) within the initial three months of the fiscal year.

Saudi Arabia is supplying this facility monthly at $100 million, equivalent to Rs. 28.37 billion, ensuring a steady energy supply for Pakistan.

In addition, Saudi Arabia has extended $5 billion in time deposits to Pakistan at a 4% annual interest rate. These deposits are rolled over each year and currently total approximately Rs. 1.45 trillion, forming a key part of Pakistan’s budget support.

Out of these deposits, $2 billion are due in December 2025, and $3 billion in June 2026, both expected to be rolled over again to maintain economic support.

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