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Tag: South Asian economy

Pakistan 'seeks' $10bn in US backstop facility to boost reserves – SUCH TV

Posted on July 22, 2026 By Admin No Comments on Pakistan 'seeks' $10bn in US backstop facility to boost reserves – SUCH TV
Pakistan 'seeks' bn in US backstop facility to boost reserves – SUCH TV

Pakistan has asked the United States for a $10 billion exchange stabilisation facility, according to a source briefed on the matter, which, if approved, could provide a lifeline for the cash-strapped South Asian economy. The request, which is being reported for the first time, follows Pakistan’s role in brokering talks over the US-Iran war, which…

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