Pakistan Seeks $10 Billion US Facility as It Awaits Reply Within 2 Months

2 articles · Updated · Bloomberg · Aug 25

$10 billion is the size of the facility Pakistan says it has requested from the US, with Islamabad expecting Washington's response within a couple of months.
Pakistan says the proposed stabilization facility would act as a backstop and confidence signal, helping preserve market access and draw in private capital.
Khurram Schehzad, an adviser to the finance minister, described the engagement with the US as constructive.
The request comes as Pakistan tries to leverage improved ties with the Trump administration to strengthen external financing options.