Pakistan seeks $10b in US backstop facility

[Mighty_Dragon_Strike]

@Pakistani Dragon

PSA sb,

I quite agree with you. Both @Mighty_Dragon_Strike and my dear distant cousin @Master Chief have quite an obtuse style of interacting and the meaning often gets lost.

You seem to say some of the strangest things on this forum, and a lot of the time I genuinely can't make sense of what you're trying to argue. There's very little cohesion in your responses, and your points often come across as a jumble of defensive statements and confusing jargon rather than a clear argument.

What's even more confusing is that you seem to communicate this way with quite a few members on the forum. I honestly can't tell whether you're doing it deliberately to avoid addressing what people are saying, or whether you genuinely have difficulty expressing your thoughts clearly.

Either way, your responses are often so convoluted and defensive that it's difficult to have a meaningful discussion with you.

Regards

I cant reinforce what you listen on the media (in other words, lies you are told!)


problem with writing is that, it is hard to convey abstract ideas!


now which part of the post you people dont understand!

 

[Mighty_Dragon_Strike]

You seem to say some of the strangest things on this forum, and a lot of the time I genuinely can't make sense of what you're trying to argue. There's very little cohesion in your responses, and your points often come across as a jumble of defensive statements and confusing jargon rather than a clear argument.

What's even more confusing is that you seem to communicate this way with quite a few members on the forum. I honestly can't tell whether you're doing it deliberately to avoid addressing what people are saying, or whether you genuinely have difficulty expressing your thoughts clearly.

Either way, your responses are often so convoluted and defensive that it's difficult to have a meaningful discussion with you.

do you even understand, what cohesion is?

what is your education, specially in finance?

replying to your posts, feels like giving futile arguments to a clever, selfish bully, who wants to steal your lunch and would attack you verbally or would waste no opportunity to attack you!


replying to your posts feels like, Im replying to someone, who is not only morally bankrupt and idea of ethical bankruptcy seems too alien to you!

 

[Pakistani Dragon]

do you even understand, what cohesion is?

what is your education, specially in finance?

Huzoor, I am nobody. Not worth your precious time.

replying to your posts, feels like giving futile arguments to a clever, selfish bully, who wants to steal your lunch and would attack you verbally or would waste no opportunity to attack you!

Thank you for reply. Please accept apologies if you felt bullied

replying to your posts feels like, Im replying to someone, who is not only morally bankrupt and idea of ethical bankruptcy seems too alien to you!

So angry...

 

[Mighty_Dragon_Strike]

Huzoor, I am nobody. Not worth your precious time.


Thank you for reply. Please accept apologies if you felt bullied


So angry...

View attachment 211286

I don't know. I haveve noticed plenty of times that you often don't have original ideas; instead, you look at other people's posts, copy their ideas, and then write replies.

For instance, in this case, I did not attack anyone. Rather, I based my post on analogies and ideas. I've also noticed that people who copy ideas tend to resort to personal attacks.

If you have original ideas or analogies of your own, why would you need to attack anyone? And if you are so keen on making personal attacks, then be prepared to receive the same in return.

Why should I be reticent about replying when you have taken the liberty to:
1. Copy the post.2. Resort to personal attacks.
This is not only ill-mannered, but it also suggests that you are not accustomed to critical thinking.


again, whats the point of the previous post?!!!

 

[Pakistanithinktank]

400 billon dollars total debt. Fill for bankruptcy and start fresh.

 

[Mighty_Dragon_Strike]

400 billon dollars total debt. Fill for bankruptcy and start fresh.

great post!

only problem is, slaves dont buy freedom!

rather more glaring thing is, conquerors never become slaves!

it is not the nature of conqueror to be a slave; conqueror would rather break himself then accept a slavery!


unlike incompetent ones...

 

[Pakistani Dragon]

I don't know. I haveve noticed plenty of times that you often don't have original ideas; instead, you look at other people's posts, copy their ideas, and then write replies. ...

Please point out a post of mine that is a copy of someone else's post.

I don't want a lecture, but a screenshot of the original post and my post that are same word to word. Alternatively, you can send a link of the original and my post.

 

[Pakistanithinktank]

great post!

only problem is, slaves dont buy freedom!

rather more glaring thing is, conquerors never become slaves!

it is not the nature of conqueror to be a slave; conqueror would rather break himself then accept a slavery!


unlike incompetent ones...

Those are not my words. Those are the words of Miftah Ismail.
I think everyone must watch Shabbar Zaidi’s latest interview to understand how deep are the problems in Pakistan

As far as solutions, I have already given the solutions to current and future problems.

34 SEZ is the solution, it can fix majority of the problems.

 

[SoulSpokesman]

@Pakistanithinktank

400 billon dollars total debt.

Sir, you are free not to like Pakistan's financial management- but not create facts. Pak's total public debt is USD 290 bn or so, not USD 400 billion.

@Mighty_Dragon_Strike

it is not the nature of conqueror to be a slave; conqueror would rather break himself then accept a slavery!

Who are the conquerors here?

Regards

 

[Pakistanithinktank]

@Pakistanithinktank

400 billon dollars total debt.

Sir, you are free not to like Pakistan's financial management- but not create facts. Pak's total public debt is USD 290 bn or so, not USD 400 billion.

@Mighty_Dragon_Strike

it is not the nature of conqueror to be a slave; conqueror would rather break himself then accept a slavery!

Who are the conquerors here?

Regards

I double checked the $400 billion claim. I originally heard it mentioned in an interview (Kamran Khan show) and I was actually referring to a projection. if Pakistan’s economic and fiscal situation does not improve, its total debt could potentially reach $400 billion dollars by around 2030.

For context, Pakistan’s current public debt is approximately $307 billion dollars.
Out of this, probably 50% or more was stolen from Pakistan and setting in offshore accounts.

 

[clutch]

WASHINGTON:
Pakistan has asked the United States for a $10 billion exchange stabilisation 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 US Treasury Secretary Scott Bessent, Islamabad is seeking a Bilateral Exchange Stabilization Support Facility between the US and the Pakistani government worth $10 billion with maturity of up to five years.

The facility, if agreed to, would bolster Pakistan's reserves, ease pressure on the rupee and reduce its reliance on multilateral financing, even as Islamabad undertakes tighter fiscal and monetary policies in line with its International Monetary Fund programme.

Pakistan remains under $7 billion IMF discipline that has required politically unpopular tax increases, spending restraint and reforms.

Pakistan's finance ministry did not immediately respond to Reuters request for comment outside of Asia business hours. The US Treasury also did not immediately respond to request for comment.

Exchange stabilization facilities are rare US Treasury backstops, usually routed via the Exchange Stabilization Fund, that provide dollars, swaps or guarantees to support reserves and steady currencies.

These facilities are different from the permanent standing dollar swap lines that the US Federal Reserve has with some major central banks and acts as an international supply line of US dollars to underpin financial stability.


A 2025 Argentina package was the first new foreign-government exchange stabilization facility operation since Uruguay in 2002, aside from Mexico's long-standing swap line, dating to the 1940s and now sized at $9 billion.

Pakistan narrowly avoided default in 2023 with a $3 billion IMF standby deal and later secured a $7 billion Extended Fund Facility, but its reserves still depend on official financing, rollovers and deposits from China and Saudi Arabia.

That leaves Islamabad exposed to shifts in bilateral support and IMF disbursement delays, and that vulnerability got exposed in April when Pakistan repaid about $3.5 billion, one-fifth of its reserves, to the United Arab Emirates with Saudi Arabia providing $3 billion in fresh support.

Pakistan's central bank said in January that reserves could return to near their 2021 record, reaching $20 billion by the end of 2026.

US exchange stabilization facility would carry weight as both a liquidity backstop and political signal, easing pressure on reserves and the Pakistani rupee, while reducing the South Asian country's dependence on IMF tranches and ad hoc rescues.

IMF-backed reforms have stabilized the economy at a political cost, including higher taxes, spending restraint and limited room for development or welfare spending.

Global ratings agency Fitch said in April that Pakistan's adherence to its IMF programme has supported the country's funding capacity, while rebuilt foreign exchange buffers provide a cushion against economic shocks from the Middle East conflict.

But deeper constraints remain. Fitch cautioned that rising energy costs and potential supply disruptions could sharply erode the country's foreign exchange reserves.

Foreign investment in Pakistan has remained thin, deterred by recurring external crises, policy uncertainty, security risks, past profit-repatriation curbs and a narrow export base, while the country's credit rating remains deep in speculative-grade territory, keeping borrowing costs high and market access limited.

Pakistan has sought to use its ties to the Trump administration to address some of these issues, with economic cooperation that has so far spanned crypto, real estate and mining.

Pakistan has signed a stablecoin agreement for cross-border payments with an affiliate of World Liberty Financial, the main crypto business of President Donald Trump's family, pursued a memorandum of understanding to redevelop the closed PIA-owned Roosevelt Hotel in New York with the US government, and courted US mining investment, including in Reko Diq, where the US Export-Import Bank has announced $1.2 billion in financing. Reuters

Us bonds are crashing. Interest rates are shooting. Japanese carry trade is doomed us is in no position