PM Imran Khan stresses need to address economic challenges in Afghanistan to US officials

Nov 23, 2021: Prime Minister Imran Khan on Monday stressed the need to address economic challenges in Afghanistan, when he met with US officials.

Prime Minister Imran Khan met House Foreign Affairs Committee (HFAC) Congressman Rep Gregory Meeks and Chairman of the Subcommittee on Asia, the Pacific, Central Asia, and Non-Proliferation Congressman Ami Bera, a statement from the PM’s Office said in a series of tweets.

Prime Minister Imran Khan stressed that Pakistan and the United States need a deeper relationship to promote peace, stability and economic development in Afghanistan.

According to a tweet by PM office, “The premier particularly underscored that there was an urgent need to financially assist the Afghan people as part of the effort to prevent a humanitarian crisis and economic collapse,”

Prime Minister also expressed the hope that “ways and means would be found to address the liquidity issue and enable banking channels to help Afghanistan sustain its immediate economic burden and challenges.”

The United Nations has called for urgent action to support Afghanistan’s banks, warning that failure to repay loans, low deposits and a lack of liquidity in cash could wreak havoc on the financial system in months. In a three-page report on Afghanistan’s banking and financial system, the United Nations Development Program (UNDP) said the economic costs of dismantling the banking system – and the consequent negative social impact – would be “huge”.

The Prime Minister hoped that this would not only deepen the relations between Pakistan and the United States but also help in strengthening the relations between the parliaments of both the countries. The Prime Minister’s Office tweeted, “Imran Khan expressed hope that more high-level exchanges at all levels, including the administration, would be held to strengthen the relationship between the two countries.”

The PM’s office said that both sides maintained that Pakistan and the United States should work to strengthen bilateral trade and economic ties as well as work on health, security, counter-terrorism and climate change.

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