"We understand that Pakistan has formally requested assistance from the IMF. As we do in all cases, we will examine closely all aspects, including Pakistan's debt position, in evaluating any loan program," a State Department Spokesperson told PTI.
The spokesperson was responding to a question on the request made by Pakistan for a USD 8 bailout package. The spokesperson's comments came on a day when Pakistan's Finance Minister Asad Umar met with IMF Managing Director Christine Lagarde in Nusa Dua, Indonesia and formally sought a bailout from the global lender.
The US has the greatest influence in the IMF's decision-making process.
"Make no mistake. We will be watching what the IMF does," Pompeo said.
"There's no rationale for IMF tax dollars, and associated with that American dollars that are part of the IMF funding, for those to go to bail out Chinese bondholders or China itself," Pompeo had told CNBC.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)