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The Times of India
The Times of India
Business
TIMESOFINDIA.COM

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

International Monetary Fund Pakistan Qamar Javed Bajwa Nikkei Asia Imran Khan New Delhi United States

NEW DELHI: 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, marking another sharp drop in the country's fast depleting reserves.

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