News
US extends CSF for Pakistan for another year
INP
WASHINGTON: President Obama has signed a bill into law providing an extension in the Coalition Support Fund for Pakistan for another year.
The Bill also assured continued US support to Afghanistan after the withdrawal of foreign forces. In its budget of $521 billion, the US government extended the validity of financial assistance by one year, but also imposed some new terms and demands.
It was reported that the assistance extended to Pakistan under coalition support fund will not exceed $1 billion in a year. Moreover, the defence secretary was also stripped off his authority to sanction up to $300 million without the approval of Congress. Now the approval by Congress will be deemed necessary before any such withdrawal. In order to sanction CSF to Pakistan, the US defence secretary will now have to take the House into confidence over the issue that military operation in North Waziristan has successfully targeted the safe havens of Haqqani Network. Earlier, addressing his year-end news conference in Washington, President Obama renewed his pledge to end the US combat mission in Afghanistan within two weeks.
Courtesy www.dailytimes.com.pk