Pakistan should work closely with the IMF to promote investment, United States

WASHINGTON: The US has urged Pakistan to work with the IMF, which will not only create a competitive business climate in the country but also help attract 'high-quality investments'.

According to the World News Agency, in the weekly press briefing of the US Department of State, the journalist asked the spokesperson Ned Price that because of the tension with China, there is a possibility that the US will lose its friendly influence on the IMF for Pakistan. Not using

On this, the spokesperson of the US Ministry of Foreign Affairs said that the US is aware of Pakistan's difficulties, but Pakistan will have to make its own decisions regarding IMF reforms in order to get loans. We encourage Pakistan to continue working with the IMF.

Spokesman Ned Price emphasized that Pakistan should specifically implement IMF reforms that can improve Pakistan's business environment.

A spokesperson for the US State Department said that the implementation of these reforms by the IMF will create a competitive environment for business in the country and will also help attract high-quality investments.

Ned Price said that America has been helping Pakistan for decades through economic partnership and is ready for the future as well. Pakistan itself is working closely with international financial institutions including the IMF.

Spokesman Ned Price said the country's dollar reserves will increase through technology, market connections, administrative system improvements and investments that come with the IMF agreement.