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Pakistan requests $10bn from US after mediating Washington-Tehran contacts

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Pakistan has formally requested a $10 billion financial package from the Trump administration to bolster its foreign exchange reserves and stabilize the rupee. The appeal follows Islamabad's role in facilitating diplomatic contacts between the United States and Iran. Pakistan's economic situation remains fragile after the country narrowly avoided a sovereign default in 2023. The proposed arrangement carries significant strategic and financial implications for both sides. Washington is currently weighing the request, balancing geopolitical interests against the scale of financial support sought.

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Pakistan requests $10bn from US after mediating Washington-Tehran contacts · ShortSingh