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HomeBusinessAmerica's response to Pakistan's economic situation has comeLNU News

America’s response to Pakistan’s economic situation has comeLNU News

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LNAU posts,

US State Department spokesman Ned Price said in a press conference that he supports Pakistan wherever it is. We know that Pakistan is in contact with international economic institutions, we want to see Pakistan as a better economy, we support Pakistan everywhere. which is possible.
The relationship between the two countries is discussed among technical issues. Discussions with Pakistan, Ministry of Foreign Affairs, Finance, White House and others are still discussing. Macroeconomic stability of Pakistan. This statement of the United States comes at a time when the World Bank has postponed the approval of a loan worth 1 billion 10 million dollars to Pakistan until the next financial year.
It is reported that Pakistan’s economy will lose another 1.1 billion dollars in this fiscal year due to the fact that 450 million dollars will be received for economic stabilization projects and 600 million dollars will be received for affordable energy projects. World Bank 1.1. The World Bank does not agree with the government’s economic strategy. The World Bank stopped funding the Two Growth and Two Peace projects.
The World Bank has determined that Pakistan should further reduce import tariffs, and it was previously reported that negotiations Between Pakistan and the IMF is at a standstill. The IMF made the negotiations conditional on progress as required. Finance Minister Ishaq Dar is concerned about the strong attitude of the IMF.
Pakistan wants to make the dollar exchange rate freely floating, wants to take Artificial restrictions on the exchange rate of the dollar. Pakistan should get a map to send oil tax collection of 855 billion Rs. Earlier it was reported that Finance Minister Ishaq Dar could not convince the IMF to improve This goal, the IMF asked Pakistan for the next payment. Achieving goals before negotiations.


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