Pakistan, April 24 -- Pakistan has repaid a total of $3.45 billion in deposit to the United Arab Emirates (UAE), the State Bank of Pakistan confirmed on Friday, marking a significant development in the country's external financial management.

Read More: UAE deposit of 2 billion returned by Pakistan

According to the central bank, the repayment included $1 billion returned to the Abu Dhabi Fund for Development, while the remaining $2.45 billion was repaid directly to the UAE government last week. The deposits were part of financial support extended to Pakistan in recent years to help stabilise its foreign exchange reserves and manage balance-of-payments pressures.

The repayment comes at a time when Pakistan is working to strengthen its e...