"US Assists Pakistan in Securing IMF Bailout, Boosting Rupee and Stock Market"

The United States played a significant role in helping Pakistan secure a $3 billion bailout package with the IMF, after an eight-month delay in releasing funds from a previous loan. Diplomatic efforts included telephonic conversations between Foreign Minister Bilawal Bhutto-Zardari and Secretary Antony Blinken, face-to-face meetings, and regular contacts between the Pakistan embassy in Washington and officials at the US Treasury and State Department. The breakthrough came when Prime Minister Shehbaz Sharif met with the IMF's Managing Director and requested the release of a critical tranche of $1.1 billion.