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01-04-2018, 07:33 AM
ISLAMABAD: Withholding of $255 million military aid by Washington is not a matter of concern as the said amount is equal to expenses incurred on one working day of the federal and provincial governments which has been arranged from indigenous resources, Dr Mifta Ismail, Adviser to Prime Minister on Finance, Revenue and Economic Affairs, said on Wednesday.
?The amount of $225 million was to be used for purchasing military equipment for enhancing the capability of the security forces to effectively continue war against terrorism,? Miftah told The News
However, the adviser said, the refusal to extend the said amount by the Trump administration is tantamount to compromising the ability of the forces to take on the terrorists but the Pakistan government is cognizant of the fact that ongoing military operation has entered the crucial phase and to this effect the required financing will be ensured at any cost.
Exposing the so-called aid from US, he said that during last year Pakistan received just $1 billion, out of which $550 million (more than half of $1 billion) was provided to Pakistan in the head of Coalition Support Fund (CSF). He explained that the CSF does not mean aid as under this head the US authorities reimburse amount against the expenses incurred on war against terrorism.
Miftah said the remaining amount stands at $450 million that the country received last year from the US out of which half of the amount was about the military aid. ?The US authorities are not extending substantial aid to Pakistan which they are marketing in the world as the facts speak otherwise,? he added.
Miftah said Pakistan in return has provided air and ground facilities to the US authorities for war against Taliban and other terrorist outfits in Afghanistan and more importantly Nato vehicles used Pakistan road network.
To a question, he said China is very much behind Pakistan against the new tirade of President Trump and to this effect Pakistan and China have decided to increase pace on construction activities to complete CPEC projects.
About the $33 billion aid the Trump administration is taking about, a senior official said that in last 15 years, under the CSF Pakistan received $14.5 billion against the expenses of $21 billion by Pakistan armed forces against war on terrorism and the remaining amount was given to Pakistan as aid, but mostly in the project modes out of which the US authorities appointed their own consultants, and hired US firms for studies required for the so-called projects which means that most of the amount given in the head of aid to Pakistan has gone back to the US.
Meanwhile, Pakistan sent out total billing of $23.65 billion on account of Coalition Support Fund (CSF) to USA after reconciling here at US Embassy since 2002 but received $14.4 billion, indicating that outstanding amount stood at more than $9 billion at a time when Donald Trump was using threatening tone through tweet.?US used to reimburse whole amount in shape of CSF from 2002 to 2006-7 but afterwards they started cutting down and stopping CSF funds. Pakistan?s outstanding amount stood at more than $9 billion just right now as we sent out billing to the tune of $23.6 billion but received back only $14.41 billion,? Advisor to PM on Finance Miftah Ismail confirmed while talking to The News on phone on Wednesday evening. Contrary to Trump claim for providing $33 billion to Pakistan in last 15 years, Miftah Ismail said that Pakistan got around $27 to $28 billion from USA for all kinds of arrangements.
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?The amount of $225 million was to be used for purchasing military equipment for enhancing the capability of the security forces to effectively continue war against terrorism,? Miftah told The News
However, the adviser said, the refusal to extend the said amount by the Trump administration is tantamount to compromising the ability of the forces to take on the terrorists but the Pakistan government is cognizant of the fact that ongoing military operation has entered the crucial phase and to this effect the required financing will be ensured at any cost.
Exposing the so-called aid from US, he said that during last year Pakistan received just $1 billion, out of which $550 million (more than half of $1 billion) was provided to Pakistan in the head of Coalition Support Fund (CSF). He explained that the CSF does not mean aid as under this head the US authorities reimburse amount against the expenses incurred on war against terrorism.
Miftah said the remaining amount stands at $450 million that the country received last year from the US out of which half of the amount was about the military aid. ?The US authorities are not extending substantial aid to Pakistan which they are marketing in the world as the facts speak otherwise,? he added.
Miftah said Pakistan in return has provided air and ground facilities to the US authorities for war against Taliban and other terrorist outfits in Afghanistan and more importantly Nato vehicles used Pakistan road network.
To a question, he said China is very much behind Pakistan against the new tirade of President Trump and to this effect Pakistan and China have decided to increase pace on construction activities to complete CPEC projects.
About the $33 billion aid the Trump administration is taking about, a senior official said that in last 15 years, under the CSF Pakistan received $14.5 billion against the expenses of $21 billion by Pakistan armed forces against war on terrorism and the remaining amount was given to Pakistan as aid, but mostly in the project modes out of which the US authorities appointed their own consultants, and hired US firms for studies required for the so-called projects which means that most of the amount given in the head of aid to Pakistan has gone back to the US.
Meanwhile, Pakistan sent out total billing of $23.65 billion on account of Coalition Support Fund (CSF) to USA after reconciling here at US Embassy since 2002 but received $14.4 billion, indicating that outstanding amount stood at more than $9 billion at a time when Donald Trump was using threatening tone through tweet.?US used to reimburse whole amount in shape of CSF from 2002 to 2006-7 but afterwards they started cutting down and stopping CSF funds. Pakistan?s outstanding amount stood at more than $9 billion just right now as we sent out billing to the tune of $23.6 billion but received back only $14.41 billion,? Advisor to PM on Finance Miftah Ismail confirmed while talking to The News on phone on Wednesday evening. Contrary to Trump claim for providing $33 billion to Pakistan in last 15 years, Miftah Ismail said that Pakistan got around $27 to $28 billion from USA for all kinds of arrangements.
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