Pakistan Seeks US Assistance to Revive IMF Program - Capital TV

June 4, 2023


Pakistan Seeks US Assistance to Revive IMF Program

Anum Razzaque

ISLAMABAD: To revive the ninth review of the International Monetary Fund (IMF), Pakistan is seeking assistance from the US to help bolster its economy, which has been affected by recent floods.

On January 25th, Federal Minister Ishaq Dar met with the Deputy Assistant Secretary of the US Department of the Treasury for Asia, Mr. Robert Kaproth. During the meeting, Dar informed Mr. Kaproth of the government’s economic priorities.

Senior Macro-economist for the Department of Treasury for Pakistan Ms. Eva Ghirmai, Financial attache’ Ms. Larita Bolden, Minister of State for Finance and Revenue Dr. Aisha Ghous Pasha, SAPM on Finance Mr. Tariq Bajwa, Secretary Finance and senior officers from Finance Division attended the meeting.

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“The present government has inherited a weak economic legacy, but despite the challenges, we are focusing on moving in the right direction,” says Dar.

The Finance Minister also shared information about the damage caused by floods in Pakistan and their impact on the economy.

According to the source, Minister told visitors that Pakistan is trying to fulfill its commitments to the international community and the IMF.

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Meanwhile, Mr. Robert Kaproth underscored good relations between Pakistan and the United States. He further expressed confidence in the policies and programs of the government for economic and financial stability.

He said, he further extended his support and cooperation on economic and financial issues. 

The Finance Minister extended gratitude to Mr. Robert Kaproth for their support and cooperation.

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