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Reading: PM Shehbaz and US envoy talk about Washington’s backing for IMF-facilitated economic reforms.
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Baner Club > Blog > Business > PM Shehbaz and US envoy talk about Washington’s backing for IMF-facilitated economic reforms.
Business

PM Shehbaz and US envoy talk about Washington’s backing for IMF-facilitated economic reforms.

PM, US envoy discuss broad range of biletaral issues: US mission spox. Trade, climate change, private sector-led economic growth also discussed. Both sides agree on making progress on US-Pakistan Green Alliance framework.

Last updated: 2024/03/15 at 3:48 PM
Published March 15, 2024
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ISLAMABAD: As the new administration began efforts to obtain a new loan to alleviate the country’s economic troubles, Prime Minister Shehbaz Sharif and US Ambassador to Pakistan Donald Blome met to discuss economic reforms through the International Monetary Fund (IMF), among other concerns.

According to the Prime Minister’s Office, during the meeting, the premier expressed satisfaction with the current condition of bilateral relations between Pakistan and the United States.

He emphasized the importance of maintaining the positive momentum by regularly convening existing conversation platforms on trade, investment, energy, health, defense, education, agriculture, and climate change.

Premier Shehbaz stated that his government’s priority would be on macroeconomic changes to stabilize the economy and encourage foreign investment.

In this context, he also emphasized the importance of the Special Investment Facilitation Council (SIFC), which was established to expedite foreign investment in Pakistan’s priority sectors.

A variety of bilateral and regional concerns were also covered at the discussion, including the situation in Gaza and the Red Sea, developments in Afghanistan, and the case of Dr. Aafia Siddiqui, which was strongly emphasized by PM Shehbaz.

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zunaira arooj March 15, 2024 March 15, 2024
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