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South Asia s debt-stressed frontier markets face more pain

cpec: Pak sidesteps China on CPEC to seek economic bailout from the West

Pakistan is reportedly seeking financial support from the United States to boost its struggling economy, while deviating from its commitments to China under the China Pakistan Economic Corridor (CPEC). The current Pakistani government is allegedly seeking a bailout from the West instead of approaching China, despite China s efforts to support Pakistan internationally. It has been claimed that the US brokered an International Monetary Fund (IMF) bailout for Pakistan in exchange for arms supplies to Ukraine.

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