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Pakistan·South Asia·Trade & Economy·Diplomacy

Pakistan seeks $10 billion financial stabilisation facility from United States

Wednesday, 22 July 2026, 06:11 · 1 min read

Pakistan's Finance Minister Muhammad Aurangzeb has formally requested US Treasury Secretary Scott Bessent to provide a $10 billion Exchange Stabilisation Support Facility (a short-term bilateral financial mechanism designed to bolster foreign exchange reserves and ease currency pressures) to help steady the country's economy. The proposed facility, with a maturity of up to five years, would be drawn from the US Treasury's Exchange Stabilisation Fund and is intended to improve Pakistan's access to international capital markets and strengthen its sovereign credit ratings. Diplomatic sources in Washington indicate there are strong chances the request will be approved, citing the Trump administration's stated interest in deepening economic engagement with Islamabad.

Sources
DawnAurangzeb seeks $10bn support facility from US ↗︎
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