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US House of Representatives approves 1.5bn dollar aid to Pak | The US House of Representatives has approved 1.459-billion-dollar economic aid for Pakistan for the financial year 2010. The assistance, which will
be spent under the Kerry-Lugar legislation, was approved as part of the passage
of a massive 1.1 trillion-dollar State and Foreign Operations Appropriations Bill,
The News reports. Under the measure, 1.035 billion dollars will be allocated as
economic support fund for Pakistan while other expenditures include health, law
enforcement and security. The US Senate is expected to okay the bill this weekend.
The US will also spend 268 million dollars on foreign military financing for Pakistan
next year. Washington has already endorsed 1.6 billion dollars for Pakistan under
the Coalition Support Fund (CSF) for the next fiscal. Furthermore, the US will
spend 700 million dollars on Pakistan Counterinsurgency Capability Fund next year.
The total US allocation for Pakistan in the year 2010 will be 3.8 billion dollars. |
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