irshi Videos News latest,
Viewing posts: 13
US ambassador predicts agreement between Pakistan and IMF ‘in a few days’
ISLAMABAD: US Ambassador to Pakistan Donald Blome has said that Washington fully supports Pakistan in its efforts to revive the $6.5 billion bailout program from the International Monetary Fund.
Speaking to reporters at a ceremony in Islamabad on Tuesday, the ambassador said the United States wants an agreement between Pakistan and the International Monetary Fund and is ready to work with Pakistan to help in the matter.
The US ambassador further said that he expected the issue between Pakistan and the international lender to be “resolved in a few days”.
Read more: Government commits to IMF deal
Ambassador Blome expressed Washington’s willingness to help Pakistan with the ongoing challenge of terrorism. He further pointed out that significant progress had been made in the diplomatic relations between the two countries.
The International Monetary Fund and Pakistan have been in stalled bailout talks since late last year, with Pakistan requesting a $1.1 billion tranche to tackle a worsening balance-of-payments crisis.
Both sides have been in talks to reach a mutually acceptable deal that would help Pakistan emerge from its ongoing economic turmoil.
Also Read: PM accuses Imran of blocking IMF deal.
Finance Minister Ishaq Dar said last week that Pakistan would reach a staff-level agreement with the International Monetary Fund in a few days, as the government remained committed to completing the $6.5 billion loan program.