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Pak likely to get $2.5bn from US

Cash-strapped Pakistan is expected to receive $2.5 bn as financial assistance from the US during the current fiscal following the end of a standoff between the two sides on Nato supply routes to Afghanistan.

world Updated: Jul 06, 2012 01:01 IST
PTI

Cash-strapped Pakistan is expected to receive $2.5 bn as financial assistance from the US during the current fiscal following the end of a standoff between the two sides on Nato supply routes to Afghanistan.

The disbursements, especially reimbursements from the US Coalition Support Fund for Pakistan's expenses on the war on terror, might relieve the government of pressure it is facing because of depleting foreign exchange reserves which necessitated an immediate bailout from the International Monetary Fund.