US extends ‘unwavering support’ for Pak economy

The US State Department offered Pakistan’s economic prosperity and its efforts to stabilise its unstable economy “unwavering support,” even going so far as to secure an accord with the International Monetary Fund (IMF).
Matthew Miller, a spokesman for the State Department, made this statement in answer to a question during his daily press briefing.
“We support its attempts to stabilise its economy, including efforts to come to an agreement with the IMF. He said, “We applaud Pakistan’s efforts to stabilise its economy and control its enormous debt load.
On April 30, the Washington-based lender made available to Pakistan the final $1.1 billion installment of the $3 billion Stand-By Arrangement (SBA).
“The second and last review was finished by the IMF Executive Board.