Pakistan, April 25 -- The State Bank of Pakistan (SBP) said on Friday it had repaid $1 billion to the Abu Dhabi Fund for Development (ADFD), completing the return of $3.45 billion in UAE deposits after settling $2.45 billion last week.

In a post on X, the central bank said the latest payment was made on April 23, marking the full repayment of deposits placed by the UAE.

"This completes the repayment of total deposits of $3.45 billion to UAE," the SBP said.

Earlier, on April 18, the central bank had confirmed that the government had returned $2 billion in debt to the UAE. An SBP spokesperson had said the amount was kept with the central bank as a safe deposit.

The repayments come as Pakistan manages pressure on its external financing p...