Pakistan seeks US help with IMF talks.
WASHINGTON -- The United States has agreed to help Pakistan negotiate a deal with the International Monetary Fund (IMF), diplomatic sources told Dawn on Sunday.
Earlier, media reports had claimed that Islamabad was 'seeking Washington's support' for renewing its Extended Fund Facility (EFF) with the IMF.
As the largest shareholder, the US has considerable influence over the IMF's decision-making.
Pakistan signed a 39-month, $6bn EFF in July 2019, but the Fund stopped the disbursement of about $3bn when the previous government reneged on its commitments.
Currently, Islamabad wants the IMF to not only resume disbursements, but to also expand the size and duration of the programme.
On Saturday, Pakistan's Ambassador to the United States Masood Khan met Assistant US Trade Representative (USTR) for South and Central Asia Christopher Wilson to discuss expanding trade relations between the two countries and encouraging US investments in Pakistan, a statement said.
The office of the USTR is responsible for developing and coordinating US international trade, commodity, and for directing investment policy. It also oversees trade negotiations with other...
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