Canada Global (Web News) The US wants to see Pakistan in a position where it is “economically viable,” according to Ned Price, a spokesperson for the US State Department, who said this during a press conference on Wednesday.
After Pakistan had less than $5 billion in foreign exchange reserves, the spokesperson was questioned about Pakistan’s status and whether the US planned to relieve Pakistan of its debt. Price insisted that the US was “attuned” to this situation.
“I am aware of Pakistan’s collaboration with the IMF and other international financial organisations. Pakistan should be in a position to be economically viable. I believe such discussions are still going on,” he remarked.
Price went on to say that while Washington might be “supportive” of Islamabad, Pakistan and the international financial institutions were the ones having the last say in the matter.
He was also questioned on if the US had made any recommendations to Pakistan on a government-to-government basis that could have helped the country’s economy.
Technical concerns come up frequently in these discussions with our Pakistani partners. These are frequently discussed between the Department of the Treasury and our Pakistani counterparts, according to Price.
He continued by saying that the macroeconomic stability of Pakistan was a subject of discussion between the White House, the Treasury Department, the Department of State, and other parties.