Pakistan to receive $352 million from US under coalition support fund by Feb 6

BusinessPakistan to receive $352 million from US under coalition support fund by...

Pakistan to receive $352 million from US under coalition support fund by Feb 6

ISLAMABAD: Pakistan will receive $352 million from the United States under the Coalition Support Fund by February 6, US ambassador to Pakistan Richard Olson said on Friday.

During a meeting with the federal minister for finance Ishaq Dar in Islamabad, US ambassador to Pakistan Richard Olson said that US Secretary of Defence has signed authorisation for payment to Pakistan under Coalition Support Fund for reimbursement of $352 million.

The ambassador said that the Congress has been notified and the amount is expected to be released to Pakistan by February 6.

During the meeting‚ they discussed matters of mutual interest particularly relating to forthcoming strategic dialogue scheduled to be held in Washington next week.

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

The finance minister said that Pakistan has successfully achieved the economic targets set for itself for the half year period ending December 2013. He said that the government has taken tough decisions to stabilise economy.

Must read

Recent News

US reopens Kyiv embassy after warning issued following big Ukrainian strike on Russia

US reopens Kyiv embassy after warning issued following big Ukrainian strike on Russia

0
Monitoring Desk: The United States reopened its embassy in Kyiv after it had shut for the day due to what Washington called the "threat...
Moscow says it won’t allow US to silence UNSC on Israeli violence against Palestinians Monitoring Desk: Russian envoy in United Nations Vasily Nebenzya said that the UN Security Council should bring peace, stability and prosperity to the Middle East and Russia would not allow United States to silence UNSC over the issue of Gaza crisis. According to TASS news Agency, Nebenzya said that Moscow will continue to call for an end to violence against Palestinians and will not allow the US to muzzle the UN Security Council as Washington seeks to support Israel's operation in Gaza. "We will continue to stand firmly for ending violence against the Palestinians. Without a shadow of a doubt, we will continue to expose the abuses and sanctimony with which the US is handling the situation. We will not allow the Americans to gag the entire council with their hands in an effort to encourage further continuation of Israel's ruthless operation," he said in a speech at the Security Council.

Moscow won’t allow the US to silence the UNSC on Israeli violence against Palestinians

0
Monitoring Desk: Russian envoy to the United Nations Vasily Nebenzya said that the UN Security Council should bring peace, stability, and prosperity to the...

From Valdai to Margalla Dialogue —- All roads to Civilisations go through Islamabad

0
By Shazia Anwer CheemaThe emergent realities of global security are fundamentally transforming the frame of references and trajectorial approaches toward them. New security architecture...

12 more men in uniform embraced martyrdom for the motherland in Pakistan

0
Monitoring Desk: 12 more men in uniform embraced martyrdom for the motherland in Pakistan, said Inter Service Public Relations (ISPR) of the Pakistan Army.On...
Dr. Attia Anwar

Lifelong learning

0
By Dr. Attia AnwarAs we age, our minds and mental health become more important. We should try to maintain and improve them. Education is...
Advertisement