EconomyEXCLUSIVE: Pakistan seeks $10 billion US backstop facility to boost reserves, source says
Pakistan has requested a $10 billion exchange stabilization facility from the United States, according to a source briefed on the matter. If Washington approves the request, the arrangement could help strengthen Pakistan’s reserves. The source described the potential support as a lifeline for the cash-strapped South Asian economy. The proposal remains subject to US approval.
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EXCLUSIVE: Pakistan seeks $10 billion US backstop facility to boost reserves, source says
Economy