Friday, September 12, 2025
spot_img

Obama grants $1 billion to Pakistan

Date:

Share post:

spot_imgspot_img

WASHINGTON: President Barack Obama has signed a massive annual defence policy bill which grants $1 billion to Pakistan for the expenses made by its army in support of the US military operations in war-torn Afghanistan.

The National Defence Authorization Act for the fiscal year 2015, signed by Obama on Friday, sets overall defence spending at $578 billion which has provision for release of Coalition Support Fund amounting to $1 billion to Pakistan.

CSF is not a military aid but a reimbursement to Pakistan for the expenses made by the its army in support of the US military operations in Afghanistan. Though there are conditions attached for the disbursement of the amount to Pakistan, with regard to it taking action against terrorist organisations and in particular the Haqqani network, but as usual the defence secretary can waive off these certification under national interest, as has consistently been the case for the past several years.

US and Pakistan are now holding talks on extending CSF even after the withdrawal of US troops from Afghanistan. (PTI)

spot_imgspot_img

Related articles

Albania appoints world’s first AI-generated minister to curb corruption

Tirane, Sep 12: Albania has appointed the world's first Artificial Intelligence (AI)-generated government "minister" with a goal to...

Northeast no longer frontier waiting for progress but central to India’s growth story: PM Modi

New Delhi, Sep 12:  The Prime Minister Narendra Modi on Friday highlighted that the Northeast is becoming the...

Stock market ends week on positive note, clock 8 consecutive session gains despite uncertainties

Mumbai, Sep 12: The Indian equity indices ended the week on a positive note on Friday, maintaining the...

Japan’s centenarian population hits new record of over 99,000

Tokyo, Sep 12: The number of Japan's centenarians rose for the 55th straight year to a record 99,763,...