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US releases $1.1bn for Pak under CSF
 


August 01, 2012 - Updated 250 PKT
From Web Edition
 
 



WASHINGTON: The United States has released $1.1 billion to Pakistan under Coalition Support Fund (CSF) amid signing of Memorandum of Understanding (MoU) by the two countries regarding restoration of Nato supplies.

 

The money, from a US 'CSF' designed to reimburse Pakistan for the cost of counter-insurgency operations, had been withheld due to tensions between the two countries and Islamabad's closure of the supply routes.

 

Earlier, the MoU was signed by US Charge D'Affaires Richard Hoagland and Additional Secretary of Defense Ministry Rear Admiral Farrokh Ahmad in Rawalpindi.

 

The accord became operational after formal signing by the two countries. It will be effective till December 31, 2015 and could be extended for one year after consultations.
 
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Reader Comments
“Zardari”: WELL ‘OBAMA’ THANK YOU, THANK YOU, VERY MUCH. THIS IS WHAT NEEDED MOST. HAD YOU DONE THIS BEFORE, NATO SUPPLY LINE WOULD HAVE BEEN RESTORED LONG AGO. HOWEVER, YOU KNOW MY PERSONAL ACCOUNT NO., IF FORGOTTON, I SHALL SEND YOU ONCE AGAIN, JUST DEPOSIT $.1.1bn, IN MY ACCOUNT, THANK YOU AGAIN ‘OBAMA’. “Zardari”

Gorg. Rehman
Pakistan
One could argue about the morality of this payment, but the fact remains this is not elms but the outstanding bills that US owed to Pakistan.Pakistan should also demand the interest for this period and will be well within its rights to do so. Best is to do away with this altogether and focus attention to heal our wounds and look for a better future.

AK Siddiqi
United Kingdom
Hope our thug rulers have no access to this 1.1 billion dollars. People are talking about shame which is not the word in the dictionary of our corrupt and shameless leaders.

Ali Khan
Pakistan
It is a shame that Pakistan government running your company on aid provided by other nations. Don't you guys have self respect ??? Why don't you take care of you in your own earnings.

Magesh
India
A very short and simple way of keeping the Pakistan's establishment and politician's in control. I appreciate the way the US control this part of the world. Really a super Power can only do this, the right to rule the world lies with America. we need to follow the path that how US got this status. Becoming emotional and Firing in air is just stupidity nothing else!

Nasir
Pakistan
Zardari & all political leaders must be happy that their share of Zakat and Fitra has been released and expected to go into their overseas accounts. Althugh all government and law forcing agencies know that what will be transportd under the covered tarpals on trucks and how many trucks will go where??? May God save Pakistani brothers and their families.

Barkat
Saudi Arabia
I am sure Imran Khan and DPC will have no objection to 1.1 billion dollars, although they may harp on closing NATO supply.

aqabdulaziz
Pakistan
A big shame. This is a price of priceless blood of those innocent countrymen who are being killed by brutal, non-humane & unjust drones.

True Fact
Pakistan
 
 
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