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US Ambassador, Finance Minister discuss bilateral economic issues

US Ambassador, Finance Minister discuss bilateral economic issues

ISLAMABAD: The US Ambassador Richard G. Olson called on the Finance Minister Senator Mohammad Ishaq Dar at his office and discussed matters relating to bilateral economic issues between the two countries.

Ambassador Richard Olson while talking to the Finance Minister reiterated that United States has a strong sense of the energy crisis in Pakistan and is willing to support Pakistan in overcoming the crisis.

During the meeting they exchanged views on 1320 MW Jamshoro Coal Power Plant.

In this connection the Finance Minister told the Ambassador that the government was confident that the Asian Development Bank would soon approve a loan for the Jamshoro Coal Power Plant which will accelerate the efforts of the PML (N) government to add power to national grid based on cheaper fuel.

The Finance Minister impressed the need for early reimbursements of dues on account of Coalition Support Fund. This, he said, will help Pakistan in improving its present foreign exchange reserves position.

The US Ambassador assured the Finance Minister that he would convey Pakistan’s position to the United States Government.