Top US diplomat reacts over the economic reforms made by the PTI government in Pakistan

Top US diplomat reacts over the economic reforms made by the PTI government in Pakistan

WASHINGTON: *Top US diplomat reacts over the economic reforms made by the PTI government in Pakistan.*

Acting Assistant Secretary of State for the Bureau of South and Central Asian Affairs Alice Wells on Wednesday appreciated economic reforms made by the PTI government.

In her tweet from the official twitter handle of the Bureau of South and Central Asian Affairs, Alice Wells said, the US is pleased to see that Moody’s has revised Pakistan’s credit outlook to stable.

link State_SCA ✔@State_SCA link link

Pleased to see that @MoodysInvSvc link has revised Pakistan’s credit outlook to stable thanks to @FinMinistryPak link reform efforts and IMF program. With bold economic reforms, Pakistan can boost growth, attract private capital, and expand exports. AGW link

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She lauded the efforts of Pakistan’s Foreign ministry for reform efforts and IMF program and added that with bold economic reforms, Pakistan can boost growth, attract private capital, and expand exports.

On December 2, Moody’s rating agency had changed Pakistan’s outlook to stable from negative owing to economic reforms made by the government.

The Moody’s has kept Pakistan’s rating outlook unchanged to B-3. It further had said the Pakistani economy is improving and the biggest challenge being faced by the Pakistani economy, the current account deficit, is also shrinking.