United States Supports Pakistan's Efforts to Break Free from Debt Cycle
- By Jahanzaib Ali -
- Feb 29, 2024
The US has urged Islamabad to continue working with the IMF and other related institutions to ensure macroeconomic reforms in the country.
“We support Pakistan’s efforts to break free from the vicious cycle of debt and international financing,” State Department spokesperson Matthew Miller told a press briefing.
“The long-term health of Pakistan’s economy is crucial to its stability. Pakistan’s new government must immediately prioritize the economic situation because the policies over the next several months will be crucial to maintaining economic stability for Pakistanis,” he noted.
He also urged Pakistan to continue working with the IMF and other international financial institutions towards macroeconomic reforms.