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US gave Pak $ 12.28 bn support in past 7 years: Report Print E-mail
Punjab Newsline Network   
Wednesday, 26 March 2008

WASHINGTON: In last seven years, the US gave Pakistan around 7.74 billion dollars in the form of security-related assistance under the heads, like Anti-Terrorism, International Narcotics Control and Law Enforcement, Frontier Corps training and equipment, Non-proliferation, Global Training and Equipment, non-proliferation.

While disclosing this Alan Kronstadt of the Congressional Research Service said besides, amount to the tune of 4.53 billion dollars went towards Pakistan’s economic support.

According to him, the bulk of the military-related assistance went to Coalition Support Funds (around 5.56 billion dollars), followed by Foreign Military Financing (1.57 billion dollars).

He further said that besides 267 million dollars were contributed towards International Narcotics Control and Law Enforcement, including border security, while monetary aid under the head Counter-narcotics Funds amounted to 131 million dollars.

75 million dollars were given for purchasing Frontier Corps training and equipment, and 53 million dollars for buying Global Training and Equipment.

As per the report, the Exim Bank accounts for about 75 percent of this amount, while the Overseas Private Investment Corporation accounts for the other 25 percent.

 
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