HomeMiddle East

Pakistan seeks $10bn lifeline – 'brokerage fee' after mediation role between US & Iran

Middle East 1 source 1 country 🔦 Under-reported 25m ago

Pakistan seeks a ten billion dollar financial lifeline from the Trump administration. This facility aims to strengthen its foreign exchange reserves and ease rupee pressure. The request follows Pakistan's diplomatic role in facilitating US-Iran contacts.

Economic stakes are considerable as Pakistan narrowly avoided default in 2023. The US is considering the proposal, which involves strategic and financial calculations.

Summary from source
Read the full story at the source Times of India · IN
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →