Urge Pakistan to continue working with IMF: Blinken

US Secretary of State Antony Blinken, in a tweet on Thursday, welcomed the approval of International Monetary Fund’s (IMF) loan programme for Pakistan.

He stated, “We stand by the Pakistani people during these hard times and welcome the International Monetary Fund’s approval of a program to support Pakistan.”

Blinken expressed his desire for Pakistan to continue working with the IMF for sustainable economic recovery.

We stand by the Pakistani people during these hard times and welcome the International Monetary Fund's approval of a program to support Pakistan. We urge Pakistan to continue working with @IMFNews toward macroeconomic reforms and sustainable economic recovery.

— Secretary Antony Blinken (@SecBlinken) July 13, 2023

Read more: Pakistan dollar bonds rally after $3b IMF bailout

Earlier today, Tradeweb data revealed that Pakistan’s sovereign dollar bonds gained by 1.7 cents after the IMF officially signed off a $3 billion bailout.