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Tag: Special Investment Council

ISLAMABAD: As the new government began to seek a fresh loan to end its economic woes, Prime Minister Shehbaz Sharif and US Ambassador to Pakistan Donald Blome held a meeting to discuss economic reforms through the International Monetary Fund (IMF) among other key issues. problems. Ambassador Blome called on Prime Minister Shehbaz on Friday to discuss a wide range of bilateral issues, including a partnership with the newly formed government on regional security, US mission acting spokesman Thomas Montgomery said in a statement. The meeting took place as Islamabad entered the stage of negotiations with the global lender for the final review meeting on the $3 billion Contingency Agreement (SBA). If the negotiations are successful, the IMF will release a final tranche of around $1.1 billion to Pakistan. They also subsequently discussed "US support for continued economic reforms with and through the IMF, trade and investment, education, climate change and private sector-led economic growth," Montgomery added. The US envoy also expressed Washington's support for Pakistan's democracy and the crucial role of an independent press. The two sides also discussed how the two countries can work together to accelerate projects dealing with climate change under the US-Pakistan Green Alliance.

PM seeks Washington’s support on economic reforms through IMF

ISLAMABAD: As the new government began to seek a fresh loan to end its economic woes, Prime Minister Shehbaz Sharif ...

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