US approves $352 million for Pakistan under Coalition Support Fund

Published: January 24, 2014
Email
US Ambassador Richard Olson met Finance Minister Ishaq Dar on January 24, 2014. PHOTO: PID

US Ambassador Richard Olson met Finance Minister Ishaq Dar on January 24, 2014. PHOTO: PID

ISLAMABAD: US Secretary of Defence has signed an authorisation for the payment of $352 million to Pakistan under Coalition Support Fund, reported Radio Pakistan.

US Ambassador to Pakistan Richard Olson‚ during his meeting with Finance Minister Ishaq Dar in Islamabad‚ said the Congress has been notified and the amount is expected to be released to Pakistan by February 6.

The two officials discussed matters of mutual interest in the meeting, particularly topics related to the forthcoming strategic dialogue, scheduled to begin in Washington next week.

Ambassador Olson confirmed the meeting of the Economic Working Group would be held in Washington in April this year.

Dar told the American ambassador that Pakistan has successfully achieved the economic targets set for itself for the half-year period ending December 2013.

He said the government has taken some tough decisions to stabilise the economy.

Facebook Conversations

Reader Comments (11)

  • Logic
    Jan 24, 2014 - 10:19PM

    Funny how they need to approve to pay for bills against services already receivedRecommend

  • dbg
    Jan 25, 2014 - 12:24AM

    @Logic:
    They live on credit. Credit is the fuel that drives the US economy. That is why dollar supremacy matters so much to them. That is why control over oil exporting nations matters so much to them because accepting USD in return for petroleum products underwrites the USD and allows them to borrow endlessly.

    Recommend

  • usman786
    Jan 25, 2014 - 12:35AM

    stop US war if we are forced to beg and now what for Surcharge is going to USA,

    Recommend

  • truthbetold
    Jan 25, 2014 - 1:20AM

    @Logic:

    “Funny how they need to approve to pay for bills against services already received

    You mean the service of hiding Bin Laden in Abbottabad military cantonment?

    Recommend

  • Jan 25, 2014 - 2:21AM

    Even after the exposed corruption?

    Pakistani counter-terror funds spent on luxury gifts:

    http://www.hurriyetdailynews.com/pakistani-counter-terror-funds-spent-on-luxury-gifts.aspx?pageID=238&nid=61463&NewsCatID=356

    Recommend

  • dgt
    Jan 25, 2014 - 2:30AM

    @truthbetold:
    That cost extra.

    Recommend

  • PakLand
    Jan 25, 2014 - 2:31AM

    I believe there is a mistake.
    I remember Nawaz Sharif promissed to bring back the national honour by declining to all foreign aid if he get back to power. I think that was just an election tactic. Sad!

    We expatriots are sending $1200m plus… Each month. Sir NS! Get our rich and affluent to pay taxes there, that will be four times the extra aid we are begging. Hire some equal in stature of Malik of NADRA. And Stop this bad habit of aid Now!

    Recommend

  • LuvPak!
    Jan 26, 2014 - 12:18AM

    You know, the U.S. should not hold that money against release of Dr. Shakeel Afridi because it cost that much more money and headache for polio vaccination teams with additional violence Pak is facing against polio workers due to the CIA’s totally wrong and devastating method it used when it disguised the Doctor to do polio test for Osama’s where about. That’s exactly while Pak Polio program is so difficult to go on safely. How would you gain the trust of the Locals now?

    Recommend

  • sharabi
    Feb 1, 2014 - 11:31AM

    @dgt
    You made my day, Lolz

    Recommend

  • Shah
    Jun 23, 2014 - 2:24PM

    @PakLand:
    CSF Is Not Aid It Is Our Expenditure Reimbursed To Us.USA Sould Give Us More Than A $100 Billion Considering Our Losses In This War

    Recommend

  • iWish
    Jun 23, 2014 - 7:48PM

    @Shah:
    I wish no one give us any more “money”.

    All We need is facilities of productive life for people, institutions, infrastructure, training centers, agricultural tech & know how, international market share and India off of our back hiding in the bushes to sabotage us.

    Money will just bring more corruption, official robberies & thefts, more useless elites, incompetence, dishonesty, distrust and eventual total failure and shutdown.

    Recommend

More in Business