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Exclusive-Pakistan seeks $10 billion in US backstop facility to boost reserves, source says

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WASHINGTON, July 21 (Reuters) – Pakistan has asked the United States for a $10 billion exchange stabilization 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 Iran war, which raised its ​diplomatic profile and stirred hopes that it could seek economic gains from Washington and other partners.

In the request to U.S. ‌Treasury Secretary Scott Bessent, Islamabad is seeking a Bilateral Exchange Stabilization Support Facility between the U.S. and the Pakistani government worth $10 billion with maturity of up to five years.

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Source: https://kelo.com/2026/07/21/exclusive-pakistan-seeks-10-billion-in-us-backstop-facility-to-boost-reserves-source-says/


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