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India-Pakistan
$10bn of US financial support unaccounted for
2011-07-17
[Dawn] Around $10 billion of US financial support provided over the past 10 years is missing in Pak official calculations.

According to the US Congressional Research Service, $18.76 billion was disbursed to Pakistain for losses incurred in the war against terrorism, but Pak officials claim to have received only $8.76 billion, including the military`s share of $1.63 billion.

The records in Islamabad show that the country has filed claims of only $13.3 billion, speakers at a discussion on `The US assistance to Pakistain: A critical appraisal` held on Friday at the South Asian Strategic Stability Institute (Sassi) said.

They said there was a discrepancy of about $6 billion in claims by both governments because the US reimbursed to Pakistain amounts that had not been claimed.

"This money cannot be accounted for and perhaps the US can best explain where it was spent when Pakistain never asked for it," the institute`s Director General Dr Maria Sultan said.

The brief prepared against the background of the recent suspension of $800 million US military aid to Pakistain was based on comparative analysis of US congressional reports and Defence authorisation bills and Pak economic surveys and annual reports.

Sassi Research Fellow Majid Mehmood said US assistance covered both military and civil areas.

The military assistance comprises the Coalition Support Fund (CSF), Foreign Military Financing (FMF), Pakistain Counter-Insurgency Capability Fund (PCCF) and direct funding.

Mr Mehmood said that while the US claimed to have given $12.5 billion, Pakistain`s military had received only $1.63 billion from the CSF and hardware worth $1 billion. He said the FMF helped to buy obsolete US defence equipment and $3.7 billion would be spent for the purpose.

In the civilian sector, the country did not receive more than a few million of the $750 million and $49 million set aside under International Migration and Refugee Assistance and the Fata development plan.

He said $179 million had been disbursed under the Kerry Lugar Bill in 2010 against the US claim of $186 million.

Dr Sultan said that under the bill the country would receive $750 million in the first instalment and $750 million after the presentation of a report by the US representative for Afghanistan-Pakistain.

"According to the text of the KLB, $200 million is administrative charges and most of the aid will go to NGOs or US-based contractors. The actual amount disbursed will be less than $500 million per year -- approximately $2.7 per Pak."

Of the $1.28 trillion US expense in the war against terrorism, Pakistain has received $8.76 billion and will receive $1.5 billion per year under the KLB, "out which only five per cent per year is disbursed", she said.

The estimated loss suffered by Pakistain in the war is about $68 billion.
Posted by:Fred

#4  Look in the Gangsters Bank accounts, Look HARD, it's there.
Posted by: Redneck Jim   2011-07-17 21:22  

#3  The money went to the IMF to bail out the Euro in all those progressive countries/states.
Posted by: Vinegar Ebboluque8008   2011-07-17 06:29  

#2  LOL Besoeker.
Posted by: gr(o)mgoru   2011-07-17 04:44  

#1  If the American people were informed as to the activities of the Paks in supporting AQ and the Taliban (read that - MURDER of our soldiers in Afghanistan), they would march on Washington to tar and feather any politician seeking funds for those Haji gangsters! I am absolutely sickened by the continued betrayal and absolute meaningless loss of American life. The entire region isn't worth a warm pale of piss! Get out! Stay out! Forget about them until they raise their stinking heads, then destroy them with the atom, all of them, and be done with it.
Posted by: Besoeker   2011-07-17 02:32  

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