Pakistan in Media

ISLAMABAD: The US has provided less than one billion dollars to Pakistan since the PPP-led government came into power, out of which a major chunk, to the tune of $600 million, was in shape of reimbursement of the military bill.

The military bill was provided against the services rendered by the Pakistan Army in the fight against militants in the tribal areas, which was spent by Pakistan from borrowed money. However, the US reimbursed it without paying interest on them, paving the way for plunging budgetary side into a more stressing situation.

The statement of US Ambassador Anne Patterson about giving $3 billion assistance to the Zardari government even surprised the top economic managers of Pakistan. They were completely clueless about the figure of $3 billion floated by the US.

“Out of the total $970 million funding, a major chunk of $550 to $600 million was in shape of the Coalition Support Fund (CSF) as it was the money which was spent by Pakistan on military’s movement and it took several months for clearance from the US authorities,” said a senior official of the Finance Ministry while talking to The News on Wednesday night.
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