Islamabad: (RightNow). Pakistan has requested $10 billion in financial aid from the US. The aim of this request is to alleviate pressure on the Pakistani rupee.

The financial assistance is sought for a period of five years. According to reports, this cooperation could strengthen foreign exchange reserves. The US Treasury Department has not commented on the request.

The Federal Finance Minister has discussed financial cooperation with US officials. If approved, this aid could help stabilize Pakistan’s economy.

This financial aid could also improve Pakistan’s access to global financial markets. The Pakistani Ministry of Finance has yet to issue an official response.

It is important to note that Pakistan is currently facing an economic crisis and is seeking financial assistance from international financial institutions.