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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.

Updated on: Jul 06, 2012 01:01 AM IST
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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.

HT Image
HT Image

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.

 
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Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
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