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US signs agreements to provide 920 million dollar aid to Pakistan | Following the passage of the Kerry-Lugar Bill, the United States has signed an agreement with Pakistan to provide
920 million dollar fund to resurrect its health, education, governance and reconstruction
sectors. "The agreements bring the total obligations to Pakistan through USAID
this year to 920 million dollars," the Daily Times quoted a US embassy statement,
as saying. According to a statement, the US would increase resources to sectors
that foster economic growth, including the energy sector. The agreements include,
direct budget support worth 174 million dollars for the Benazir Income Support
Programme, the income support programme for internally displaced persons and assistance
to technical and vocational education activities under the Higher Education Commission.
"These agreements demonstrate the US commitment to help Pakistan enhance the lives
of its citizens through improved delivery of services," Deputy Chief of Mission
Gerald Feierstein said. Meanwhile, US Senate Foreign Relations Committee Chairman
John Kerry has said that the passage of the Kerry-Lugar Bill authorising 7.5 billion
dollars in socio-economic aid for Pakistan highlighted a US commitment to the
people of Pakistan. "I am delighted that we were able to forge this landmark piece
of legislation on a bipartisan, bicameral basis. It reaffirms America's long-term
commitment to the people and government of Pakistan," Kerry said. The bill also
stipulates that US military aid would cease if Pakistan does not help fight "terrorists." |
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