17/04/2024
"US Support and IMF Engagement: Pakistan's Pursuit of Economic Stability".
- Pakistan seeks new IMF bailout, US pledges support.
- State Department spokesperson Matthew Miller assures backing for economic stability.
- US emphasizes engagement through technical agreements, trade, and investment.
- Welcomes staff-level agreement for $3 billion Stand-By Arrangement.
- Finance Minister Aurangzeb in US for new bailout talks and World Bank meetings.
- Possibility of securing $6 to $8 billion SBA through climate finance.
- IMF chief Georgieva acknowledges Pakistan's progress, hints at follow-up programme.