WASHINGTON: *Top US diplomat reacts over the economic reforms made by thePTI government in Pakistan.*
Acting Assistant Secretary of State for the Bureau of South and CentralAsian Affairs Alice Wells on Wednesday appreciated economic reforms made bythe PTI government.
In her tweet from the official twitter handle of the Bureau of South andCentral Asian Affairs, Alice Wells said, the US is pleased to see thatMoody’s has revised Pakistan’s credit outlook to stable.
linkState_SCA✔@State_SCAlinklink
Pleased to see that @MoodysInvSvc link hasrevised Pakistan’s credit outlook to stable thanks to @FinMinistryPaklink reform efforts and IMF program. Withbold economic reforms, Pakistan can boost growth, attract private capital,and expand exports. AGWlink
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She lauded the efforts of Pakistan’s Foreign ministry for reform effortsand IMF program and added that with bold economic reforms, Pakistan canboost growth, attract private capital, and expand exports.
On December 2, Moody’s rating agency had changed Pakistan’s outlook tostable from negative owing to economic reforms made by the government.
The Moody’s has kept Pakistan’s rating outlook unchanged to B-3. It furtherhad said the Pakistani economy is improving and the biggest challenge beingfaced by the Pakistani economy, the current account deficit, is alsoshrinking.
