Break on NaPak intentions! US Senate passes bill to cut financial aid to Pakistan by over 75 percent

NewsBharati    07-Aug-2018
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Washington, August 7: The United States has decided to cut its financial aid to Pakistan by over 75 percent to $150 million from $1 billion. Notably, ‘NaPak’ intentions of Pakistan was exposed long ago. Fighting against terrorism in the country was also a lie and on the basis of this lie, Pakistan used to get financial aid from the United States. Now, the whole world now knows the reality of Pakistan that it is the only country which provides safe haven to terrorism and harbours terrorist in other nations.

 

 

The National Defence Authorisation Act, 2019, passed by US Senate states that America could cut aid to Pakistan as the country is no longer required to take actions against terrorist groups inside the country. The bill now awaits US President Donald Trump's approval.

The bill passed by 87 to 10 votes in the US Senate states that Pakistan is not required to take any action against Haqqani Network or the Lashkar-e-Taiba (LeT). Pakistan will also not get any reimbursement for its counter-terrorist activities in the country.

This comes days before, Pakistan's PM-elect Imran Khan’s oath. As soon as Imran Khan will take the oath, Pakistan is planning to seek a massive $12 billion bailout package from the IMF. However, the US has strongly opposed the move. US Secretary of State Mike Pompeo had last week cautioned the IMF against a possible fresh bailout for Pakistan's new government to pay off Chinese lenders who have invested in the strategic China-Pakistan Economic Corridor (CPEC).

Interestingly, Pakistan's total public debt stands at $199 billion, of which $134 billion is domestic debt while the rest is external liabilities. In February this year, a bill to end all non-defence aid to Pakistan was introduced by Congressmen Mark Sanford from South Carolina and Thomas Massie from Kentucky in the US House of Representatives. The bill sought that the amount be redirect to infrastructure projects in the country rather than giving aid to Pakistan.