April 28, 2023
US calls on Pakistan to move forward on IMF reforms
The United States called on Pakistan to move ahead on stalled reforms sought by the IMF, promising technical help as the world’s fifth most populous nation weathers an economic crisis. Pakistan signed a $6.5 billion bailout package with the International Monetary Fund in 2019 but less than half has been released as the country reneges on conditions. “The reform(s) that Pakistan and the IMF agreed to are not easy, but it’s crucial that Pakistan take these actions to bring the country back to sound financial footing, avoid falling into further debt and grow Pakistan’s economy,” said Elizabeth Horst, the State
