Pakistan seeks $10b in US backstop facility

"old habits" die hard unfortunately.

Hopefully the USA declines.. Pakistan needs to get its house in order ...
This facility is meant for short-term emergencies like runs on the currency, and not structural BoP problems like Pakistan has, so, under any other administration, it would have been declined. However, Trump used it last year to help out his buddy Milei in the Argentinean elections last year. So, my concern is that may get sanctioned to help out Trump and Vance's favorite brown people, in return for some under the table quid pro quo that might prove expensive for Pakistan in the long run.
 

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