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Treasury's Bessent welcomes Pakistan's reforms, push to return to capital markets
By Andrea ShalalWASHINGTON, July 22 (Reuters) - U.S. Treasury Secretary Scott Bessent met Pakistan's finance minister, Muhammad Aurangzeb, on Tuesday and welcomed the country's progress in implementing economic reforms and laying the groundwork for a return to international capital markets, Treasury said in a statement on Wednesday.The statement did not address Pakistan's request for a $10 billion exchange stabilization facility, first reported by Reuters.
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dawn.com
Aurangzeb seeks $10bn support facility from US
The proposed facility provides US Treasury-backed support to strengthen Pakistan’s reserves, ease debt pressures, and stabilise the economy.
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hindustantimes.com
Pakistan seeks $10 billion US exchange facility to shore up reserves: Report
Pakistan has sought a $10 billion exchange stabilisation facility from the United States to bolster its foreign exchange reserves and ease pressure on economy | World News
