Pakistan Seeks $10 Billion Lifeline from US
Pakistan is reportedly seeking a $10 billion backstop facility from the United States to bolster its struggling economy and shore up foreign exchange reserves. This request follows recent diplomatic engagements.
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Pakistan asks US for $10bn lifeline to shore up struggling economy: Report
By TOI WORLD DESK
Read full article →Why Pakistan is asking the US for a $10-billion lifeline after its Iran diplomacy
Read full article →Aurangzeb seeks $10bn support facility from US
WASHINGTON: Finance Minister Muhammad Aurangzeb on Tuesday asked US Treasury Secretary Scott Bessent to provide Pakistan with $10 billion Exchange Stabilisation Support Facility to help strengthen the national economy. The request, first reported by Reuters, was confirmed by officials at Pakistan’s embassy in Washington. However, they did not provide any details. The US Treasury also declined to comment. An official readout issued by the embassy noted that Aurangzeb had sought US support for ...
By none@none.com (Anwar Iqbal)
Read full article →Pakistan seeks $10b in US backstop facility
Loan will help country boost its reserves
By Reuters
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