The Hindu·3 min read·medium
Pakistan seeks $10 billion U.S. economic support facility
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PTI
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Pakistan has requested a $10 billion Exchange Stabilisation Support Facility from the U.S. to bolster its economy and regain access to international capital markets. The request is part of a broader strategy to manage fiscal deficits and inflation under IMF guidelines.
Pakistan ’s Finance Minister Muhammad Aurangzeb has asked U.S. Treasury Secretary Scott Bessent to provide Islamabad with a $10 billion Exchange Stabilisation Support Facility to help strengthen its economy, according to a media report.
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