The United States has underscored the importance of technical engagements, particularly through trade and investment ties, in enhancing bilateral relations between Pakistan and the US.
During a press briefing, US Spokesperson Matthew Miller addressed inquiries regarding economic reforms in Pakistan, expressing support for the nation’s endeavors to stabilize its economy, including efforts to reach an agreement with the International Monetary Fund (IMF).
Miller’s remarks follow the approval by the IMF Executive Board of the final tranche of $1.1 billion for Pakistan under a 9-month, $3 billion Standby Arrangement (SBA).
The US spokesperson further affirmed Washington’s backing for Pakistan’s progress in stabilizing its economy and managing its substantial debt burden. He urged the Pakistani government to prioritize and expand economic reforms to tackle its economic challenges effectively.
Emphasizing the unwavering support for Pakistan’s economic success, Miller reiterated the US commitment to engage with Pakistan through technical collaborations and bolster trade and investment ties. These engagements, he emphasized, are integral components of the bilateral relationship between the two nations.
