US assures debt management support to Pakistan

The United States vowed to assist Islamabad in managing the nation’s “daunting debt burden” on Wednesday, as Pakistan attempts to get a new International Monetary Fund (IMF) bailout package.
“We back Pakistan’s attempts to handle its enormous debt load, since it has made strides towards stabilising its economy. When questioned about whether the US would support Pakistan through difficult times, State Department spokesman Matthew Miller responded, “We encourage the government to prioritise and expand economic reforms to address its economic challenges.”

Miller added that the US would not waver in its support of Pakistan’s economic growth and that it will keep interacting with the South Asian country through trade and investment links, technical agreements, and other channels that are important to both countries.