US urges Pakistan to continue working with IMF for economic stability

US urges Pakistan to continue working with IMF for economic stability

Islamabad: The United States has urged Pakistan to continue working with the International Monetary Fund (IMF) and other international financial institutions towards macroeconomic reforms for economic stability in the country.

Responding to a question regarding Pakistan Tehreek-e-Insaf’s (PTI) letter to IMF, US State Department Spokesperson Mathew Miller said, “I’ll just say with respect to the IMF that we support Pakistan’s efforts to break free from the vicious cycle of debt and international financing. The long-term health of Pakistan’s government — or economy is crucial to its stability.” The spokesperson said that the long-term health of Pakistan’s government and economy was crucial for the country’s stability.

Miller also urged Pakistan to “continue working with the IMF and other international financial institutions towards macroeconomic reforms”.

The PTI wrote a letter to the Fund urging the lender to endorse an audit of the 2024 elections for the sake of political stability in the country, before entering into a dialogue with Islamabad for a new bailout package.

Addressing a press conference in Islamabad, PTI leader Barrister Gohar Khan said that a letter — written by Imran Khan’s spokesperson Raoof Hasan — was handed over to the IMF resident representative in Pakistan and would be opened in Washington. He said once the letter was received by the intended recipients, it would be then shared with the media in Pakistan as well.