The International Monetary Fund has approved a loan of $US6.7 billion for Pakistan.
The money will be made available over three years, beginning with the release of $US540 million.
However, the BBC reports the government must enact reforms to increase growth, bring down the budget deficit and improve the rate of tax collection.
Pakistan already owes the IMF nearly $US5 billion. It last received a bailout from the IMF six years ago, but the government then in power failed to push through the necessary reforms.
Foreign cash reserves have dwindled and taxes bring in just only of GDP - one of the lowest proportions in the world.