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Pakistan Seeks $10B U.S. Financial Lifeline | US News
Pakistan’s asking the U.S. for a $10 billion exchange stabilization facility — a rare lifeline that could shore up its shaky economy, stabilize the rupee, and reduce reliance on the IMF. The move follows Pakistan’s diplomatic role in Iran talks and a recent meeting with Treasury Secretary Scott Bessent, where economic vulnerabilities and U.S. support for market access were discussed. This facility, distinct from standard Fed swap lines, could offer critical liquidity and a powerful political signal — especially as Pakistan navigates tough IMF-linked reforms and currency pressures. Listen in…
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