NEW YORK: The United States has assured Pakistan's new government of full cooperation in reviving the economy and said it would continue to work bilaterally on ways to increase investment and trade opportunities to build a prosperous and stable Pakistan.
According to Dawn.com, the US State Department spokesman said that the US would fully support the government's efforts to rebuild Pakistan's economy.
Speaking to Dawn, the State Department spokesman reiterated that the United States will continue to work bilaterally on ways to increase investment and trade opportunities to build a prosperous and stable Pakistan.
Confirming the successive meetings of Pakistani Foreign Minister Bilawal Bhutto with his US counterpart, the spokesman said that the United States also welcomes the ongoing IMF talks in Pakistan.
The statement from the US State Department came as Foreign Minister Bilawal Bhutto arrived in New York from Pakistan on a special visit. Talking to media at the airport, Bilawal Bhutto said that he had come to present Pakistan's point of view on various issues before the international community.
Apart from attending various UN meetings during the visit, Foreign Minister Bilawal Bhutto will also hold bilateral meetings with his US counterpart and discuss the government's economic policy with the international community.
Meanwhile, IMF sources in Washington have confirmed that the review talks between Pakistan and the IMF for the release of a 1 1 billion tranche under an expansion fund facility will begin in Doha from today.
Also read: Talks between Pakistan and IMF begin
In this week's review, Pakistan has a rare opportunity to persuade the IMF to reinstate a stagnant ڈالر 6 billion package to stabilize the dollar-deficient economy.
On the other hand, experts believe that the United States has bolstered Pakistan's efforts to revive the IMF program by bluntly expressing support for Pakistan, and this US support has paved the way for bullish trends in the Pakistani stock market.
