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US Ambassador predicts Pakistan-IMF deal “within days”
ISLAMABAD: The US Ambassador to Pakistan, Donald Blome, has said that Washington fully supports Pakistan in its efforts to resume a $6.5 billion bailout program from the International Monetary Fund that has been put on hold.
Speaking to reporters at a ceremony in Islamabad on Tuesday, the ambassador said the US wants a deal between Pakistan and the IMF and is ready to work with Pakistan to help on the issue.
The US ambassador further said that he expected that matters between Pakistan and the global lender would be “settled in a few days”.
Read more: Government pleads for IMF deal
Ambassador Blome expressed Washington’s willingness to help Pakistan with the ongoing challenge of terrorism. He further highlighted that there had been a significant increase in diplomatic relations between the two countries.
The IMF and Pakistan have been in talks over a stalled bailout package since late last year, with Pakistan seeking a share of $1.1bn to tackle its worsening balance of payments crisis.
Both sides have been involved in negotiations to reach an agreed package that would help Pakistan emerge from the ongoing economic turmoil.
Also Read: PM accuses Imran of blocking IMF deal.
Finance Minister Ishaq Dar said last week that Pakistan would strike a staff-level agreement with the IMF in a few days, as the government remains committed to completing the $6.5b loan program.