Latest Trading, forex, Immigration, Attorney  News

↑ Grab this Headline Animator

Visit Our New Website Click On Image 

$633mn comes in as US WoT support

ISLAMABAD: As part of its ongoing commitment to Pakistan’s national defence and joint efforts in the fight against violent extremist groups, the United States government delivered more than $633 million in Coalition Support Fund (CSF) to the government of Pakistan on Wednesday, said a handout issued here on Friday.
The Coalition Support Fund is designed to reimburse the government of Pakistan for expenses incurred fighting violent extremist groups.   The Government of Pakistan expends hundreds of millions of dollars annually in this effort.  This reimbursement covers the period of January to June 2010.  $110 million was previously released in early November to finalise reimbursement of 2009 claims. Since 2001, the United States has reimbursed Pakistan approximately $8.76 billion in CSF, the spokesman said.

CSF is an ongoing reimbursement programme, whereby the Government of Pakistan periodically submits expenses incurred in support of contingency operations.  Reimbursements made from the Coalition Support Fund are for the incremental costs incurred supporting coalition activities.
The US strives to make reimbursements in as timely a manner as possible. The Coalition Support Fund process reimburses 27 nations, including Pakistan, for logistical, military and other forms of support provided to the US in support of overseas contingency operations.-Online

0 comments:

Post a Comment