Pakistan seeks $10bn support facility from Washington as Aurangzeb meets US treasury secretary

Pakistan has sought a $10 billion support facility from Washington as Finance Minister Muhammad Aurangzeb met US Treasury Secretary Scott Bessent, according to a monitored public feed report cited by Dawn Business.

The request was discussed during Aurangzeb’s meeting with the US treasury chief, the report said, as Pakistan continued efforts to secure external financing support. The feed summary identified the outreach as part of Islamabad’s approach to Washington for a large-scale support arrangement, though it did not provide additional terms, timing or conditions attached to the proposed facility.

Aurangzeb’s meeting comes at a time when Pakistan has been working to stabilise its economy and strengthen ties with key international partners. The feed item did not disclose any formal response from the US side, and it was not clear whether the proposal was under active negotiation or part of a broader set of financial discussions.

The report, based on a monitored public feed, offered limited detail on the substance of the talks beyond the size of the requested facility and the identities of the officials involved. It also did not specify whether the support being sought would take the form of direct lending, guarantees or another financial arrangement.

Dawn Business said the discussion took place during Aurangzeb’s engagement with Bessent, indicating that Pakistan is pressing for high-level financial backing from Washington as it seeks to navigate ongoing funding needs.

Source: Dawn Business - https://www.dawn.com/news/2017465/pakistan-seeks-10bn-support-facility-from-washington-as-aurangzeb-meets-us-treasury-secretary