US lauds Pakistan’s economic reforms amidst challenges

SuchTV  |  Apr 17, 2024

Miller also welcomed the staff-level agreement Pakistan has reached with the International Monetary Fund.

“Pakistan has made progress to stabilize its economy, and we support its efforts to manage its daunting debt burden. We encourage the government to prioritize and expand economic reforms to address its economic challenges,” he said.

“Our support for the country’s economic success is unwavering, and we will continue to engage with Pakistan through technical agreements, as well as through our trade and investment ties, all of which are priorities of our bilateral relationship.”

Finance Minister Muhammad Aurangzeb is currently in Washington to negotiate a long-term deal with the IMF to help Pakistan’s ailing economy.

The United States has called on Pakistan and India to refrain from escalation after reports of murders inside Pakistani territory by India.

In a press briefing on Tuesday, State Department Spokesperson Matthew Miller said that the matter should be resolved through dialogue.

“The United States is not going to get in the – into the middle of this, but we do encourage both India and Pakistan to avoid escalation and find a resolution through dialogue,” Miller said.

However, Miller declined to comment on whether the US will impose sanctions on Indian individuals involved in assassinations on foreign soil.

“So I am never going to preview any sanctions actions, which is not to say that there are any coming, but when you ask me to talk about sanctions, it’s something that we don’t discuss openly,” he said.

 

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