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Washington tells Islamabad to engage IMF, bring economic reforms

17 1
08.03.2024

WASHINGTON: The US State Department has conveyed a clear message to Pakistan’s new rulers, emphasising the importance of collaboration with the Interna­tional Monetary Fund (IMF) and economic reforms for stability.

In response to a set of questions from Dawn, a State Department spokesperson underscored the enduring partnership between the two nations, stating, “We value our long-standing partnership with Pakistan and have always viewed a strong, prosperous, and democratic Pakistan as critical to US-Pakistan interests.”

The spokesperson also highlighted the shared interests of the two countries, which include “bolstering the country’s economy through trade and investment, strengthening security cooperation, advancing democratic institutions, improving social outcomes, and promoting respect for human rights.”

On Pakistan’s economic challenges, the State Department official expre­ssed support, stating, “We support Pa­­k­i­stan’s efforts to manage its daunting debt burden and reduce its reliance on international financing. We urge Pakistan to continue working with the IMF and other international........

© Dawn Business


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