Saturday, June 22, 2024

Want to see Pakistan in an Economically Sustainable Position: United States

The United States wants to see Pakistan in an “economically sustainable” position, US State Department spokesperson Ned Price said during a press briefing on Wednesday.

The spokesperson was asked if the US was paying any attention to Pakistan after it had less than $5 billion left in its foreign exchange reserves or if it was planning to give debt relief to the country. Price maintained that this was a challenge that the US was “attuned” to.

“I know that Pakistan has been working with the IMF [International Monetary Fund] and international financial institutions. We want to see Pakistan in an economically sustainable position.Those conversations, as I understand it, are ongoing,” he said.

Price went on to say that while Washington might be “supportive” of Islamabad, Pakistan and the international financial institutions were the ones having the last say in the matter.

He was also asked if the US, on a government-to-government level, gave any suggestions to Pakistan to take some immediate steps that could improve the economy.

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