Archive · 23 Jul 2026
Pakistan Seeks $10 Billion US Support
Pakistan has asked the United States for $10 billion to help its economy.
The money would be used to stabilize Pakistan's currency and make its economy stronger.
The request was made by Pakistan's Finance Minister during a meeting with a US official.
Pakistan wants to improve its access to international money markets and increase its foreign exchange reserves.
The US has not yet responded to the request.
Pakistan is currently following economic reforms as part of a $7 billion loan programme with the International Monetary Fund (IMF).
The country narrowly avoided default in 2023 after securing a $3 billion IMF loan.
Diplomatic sources say there is a good chance the US will approve the request.
Pakistan seeks $10 billion from the US to strengthen its economy.
The request was made by Finance Minister Muhammad Aurangzeb during a meeting with US Treasury Secretary Scott Bessent.
The Exchange Stabilisation Support Facility can include currency swaps, financial guarantees, and loans.
Pakistan's embassy in Washington confirmed the request but did not provide additional details.
Pakistan aims to improve access to international capital markets and boost foreign exchange reserves.
- Who
- Pakistan's Finance Minister Muhammad Aurangzeb and US Treasury Secretary Scott Bessent
- What
- Request for a $10 billion Exchange Stabilisation Support Facility
- When
- During a meeting, with details reported on Wednesday
- Where
- Washington, D.C.
- Why
- To strengthen Pakistan's economy and stabilize its currency
Pakistan's Perspective
US Perspective
Economic Support Request
Pakistan's Perspective
Pakistan seeks $10 billion to strengthen its economy and stabilize its currency.
US Perspective
The US has not yet responded to the request, indicating a need for further evaluation.
Economic Strategy
Pakistan's Perspective
Pakistan aims to improve access to international capital markets and boost foreign exchange reserves.
US Perspective
The US may consider the request based on Pakistan's adherence to IMF conditions and economic reforms.
- Request Amount
- $10 billion
- Requestor
- Finance Minister Muhammad Aurangzeb
- US Treasury Secretary
- Scott Bessent
- Facility Type
- Exchange Stabilisation Support Facility
- Repayment Period
- Up to five years
- Pakistan's Economic Strategy
- Road-to-market strategy
- IMF Loan Programme
- $7 billion (2024)
- IMF Loan Programme (2023)
- $3 billion
Sources
Pakistan Seeks $10 Billion US Economic Support Facility To Strengthen Economy: Report
Iran Mediation Fails, Now Cash-Strapped Pakistan Knocks On US Door For $10 Bn Lifeline
Despite Failed Iran Diplomacy, Why Pakistan’s $10 Billion Pitch To The US Could Work
