Pak army chief seeks assistance from US amid rising risk of debt default

In a bid to avert a default in debt payment, Pakistan army chief General Qamar Javed Bajwa has reached out to the United States seeking help in securing an early loan disbursal from the International Monetary Fund (IMF), a report by Nikkei Asia said on Friday. A day ago, Pakistan’s central bank said that its official liquid foreign exchange reserves have fallen by $754 million to $8.57 billion.
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