ISLAMABAD:
US Ambassador to Pakistan Donald Blome reiterated on Tuesday the dedication of his nation to proceed supporting Pakistan’s financial reforms and development, appreciating the sturdy and enduring relationship between the 2 international locations.
Ambassador Blome paid a farewell name on Finance Minister Muhammad Aurangzeb, mentioned a press launch issued by finance ministry. Through the assembly, either side mentioned issues of mutual curiosity with give attention to financial cooperation and bilateral relations.
“The assembly concluded on a constructive be aware, with either side expressing their need to additional strengthen bilateral relations, particularly within the areas of commerce and financial collaboration,” the assertion acknowledged. Blome reiterated the US dedication to help Pakistan’s financial reforms and development, it added.
Through the assembly, Aurangzeb briefed the ambassador on Pakistan’s financial outlook, emphasising the federal government’s reform agenda geared toward reaching macroeconomic stability and ending the boom-and-bust cycle via export-led development.
He highlighted key sectors of the financial system, the place reforms have been being pursued to foster sustainable development. He thanked the US for its help in facilitating the signing of the Stand-by Association (SBA) and the next Prolonged Fund Facility (EFF) with the Worldwide Financial Fund (IMF).
Aurangzeb additionally acknowledged the crucial function of the US as Pakistan’s largest buying and selling associate and a big marketplace for Pakistani items and providers. He highlighted the promising prospects of enhancing commerce in IT and digital providers sectors, with each international locations poised to learn from nearer financial ties.
Individually, in accordance with one other press launch issued by the ministry, Senator Aurangzeb met with Pakistani Ambassador to China Khalil Hashmi, and underscored the significance of sturdy financial diplomacy and cooperation.
Aurangzeb highlighted the numerous progress made on the financial entrance, particularly the rising enterprise and investor confidence in Pakistan. The minister additionally harassed the necessity for broader financial partnerships in Pakistan’s increasing financial system.
Through the assembly, additionally attended by Particular Assistant to Prime Minister on Overseas Affairs Syed Tariq Fatemi, Ambassador Hashmi briefed the finance minister concerning the ongoing efforts to additional strengthen bilateral relations between Pakistan and China, the press launch acknowledged. (WITH INPUT FROM APP)