US delaying release of $2.4 bn Coalition Support Fund

[foxhound]

Salaam...

US delaying release of $2.4 bn Coalition Support Fund

ref:US delaying release of $2.4 bn Coalition Support Fund

By our correspondent

ISLAMABAD: Amid difficult situation facing Pakistan on economic front, the Obama administration is dillydallying in reimbursing stuck-up amounts of $2.4 billion extended bills by Pakistan after conducting operation against militants in tribal areas, adjacent to war torn Afghanistan, it is learnt.“Despite repeated attempts made by Islamabad’s authorities to pursue Washington for immediate release of stuck-up amounts, the US has so far released not even a single penny during the ongoing financial year, piling up the bills to the tune of $2.4 billion,” sources in the Finance Ministry told The News here on Thursday.

The extended bills were reconciled with the US Embassy here and then sent to Pentagon for early release but so far there were teething problems despite this fact that the US had sent a special delegation last year to resolve procedural issues. All required procedures were changed to ensure effective monitoring but there were delays in reimbursing the amounts. Pakistani side is going to take up this issue of stuck-up amount of Coalition Support Fund (CSF) in the forthcoming Strategic Dialogue between the two sides which Chief of the Army Staff General Ashfaq Parvez Kayani is also scheduled to attend in Washington DC.

The US, the sources said, adopted practice of reimbursing the amount in back loaded shape as Washington did during the previous financial by releasing the whole stuck-up amount of over $1 billion in last quarter of fiscal year 2009-10.

“After July 1, 2010, the US has not released any amount, resulting into creating quite difficult situation for the country as the woes of economic managers aggravated after the severe floods that impacted over 20 million populations,” a senior official said.

 

[Hulk]

It is simple maths, Pakistan is delaying Operations in NW and US is doing what it can, I feel more to come.

 

[graphican]

It is simple maths, Pakistan is delaying Operations in NW and US is doing what it can, I feel more to come.

If I am looking for you to run and chase a thief, I wouldn't probably hold your legs and expect you would act on what I am saying.

Pakistan cannot be pushed to act by stopping funds, rather multiplying this funds few times might produce fruitful. Promise of perks might work but stopping of fund would be productive but only counter productive.

You can surely expect more of these acts to come because the one who you are expecting from is America. So you can naturally expect few more builders from them.. they simply cannot help.

 

[AZADPAKISTAN2009]

Well the problem is our own creation

We have coal mines , but we have not used these for power generation
We have oil in limited capacity we can't even harvest that
We don't have electricity

Blouchistan has SUNLIGHT 12 hours a day and VAST lands not used
There is tremendous wind at Sindh sea ports no wind energy is used

The power crisis - means our economy shuts down , 3-4 hours are wasted daily in major cities

Our city infrastructures are slow , traffic jams 1 hour waste in roads

So out of 8 working hours , 2-3 are wasted and work only gets done in 4-5 hours

Investors - don't want to invest becasue

a) Courts do not protect investments etc talk of taking away gawadar
from singapore company is example

b) Major emirates banks selling assets and running due to terrorist attacks

c) Banks are some what ok , but they lose cash as our gov does not helps
in reclaiming defaulted loans !

How can Pakistan be not used like "the word you used"

Simple

a) Self Respect
b) Tougher negotiation on Trade, removal of sanctions/tarrifs
c) Development of nation's energy sector

We had better City Infrastructure in 70's

We also need to create modern cities , not build gigantic cities like Karachi which we can't administer we don't have helicopters

Pakistan is strange place you step out of big city go 100 km out and you are in nature roads with vast vast vast amount of emptiness - this is how underdeveloped we are.

The overcrowding in cities is not good it puts too much strain on one city

 

[Abu Zolfiqar]

by now, this really shouldn't come as any surprise.......

moving along!

 

[Hulk]

If I am looking for you to run and chase a thief, I wouldn't probably hold your legs and expect you would act on what I am saying.

Pakistan cannot be pushed to act by stopping funds, rather multiplying this funds few times might produce fruitful. Promise of perks might work but stopping of fund would be productive but only counter productive.

You can surely expect more of these acts to come because the one who you are expecting from is America. So you can naturally expect few more builders from them.. they simply cannot help.

They already increased aid and funds for Pakistan but if you keep finding excuse (now more than 1 year) of not doing an operation in NW. Why should they stick to their promise?

 

[BATMAN]

It is simple maths, Pakistan is delaying Operations in NW and US is doing what it can, I feel more to come.

Apply your math in India.

It is not US money.... it is reimbursement of the money which Pakistan spent on services rendered to US on request.

Pakistan have all the right to charge same interest on delay of reimbursement as IMF charge Pakistan.

It is duty of Pakistan ambassador to US to tear of this lowly character of US in there own media.

Overall, I'm happy that at the end no one can blame Pakistan for return action.

 

[softtec]

Apply your math in India.

It is not US money.... it is reimbursement of the money which Pakistan spent on services rendered to US on request.

Pakistan have all the right to charge same interest on delay of reimbursement as IMF charge Pakistan.

It is duty of Pakistan ambassador to US to tear of this lowly character of US in there own media.

Overall, I'm happy that at the end no one can blame Pakistan for return action.

Sir, In which world u stay..what US services u mentioned?..Pak army gets reimbursement of each and every bullet they spend for ur rival TTP.They even gets reimbursement of all the fuel and logistic.So u will come to know that pak army is saving ur country with US money.

 

[prototype]

Apply your math in India.

It is not US money.... it is reimbursement of the money which Pakistan spent on services rendered to US on request.

Pakistan have all the right to charge same interest on delay of reimbursement as IMF charge Pakistan.

It is duty of Pakistan ambassador to US to tear of this lowly character of US in there own media.

Overall, I'm happy that at the end no one can blame Pakistan for return action.

U also had got ur maths wrong

can i know,what were the the services,blocking NATO convoys

Some Pakistani member's were here celebrating like their is no 2morrow,and U.S will shiver by it

I had already stated here that U.S did not even need to fire a single bullet to bring Pakistan to its knees,it controls world economy,and this may b just a start

 

[BATMAN]

Sir, In which world u stay..what US services u mentioned?..Pak army gets reimbursement of each and every bullet they spend for ur rival TTP.They even gets reimbursement of all the fuel and logistic.So u will come to know that pak army is saving ur country with US money.

Bull$hit..... total wrong and self created nonsense.
sounds like you are privy to the contract! than share the evidence other wise limit your self to the subject matter.

we only know it is re-reimbursement of spent money from Pakistan's pocket.

 

[Von Hölle]

Bull$hit..... total wrong and self created nonsense.
sounds like you are privy to the contract! than share the evidence other wise limit your self to the subject matter.

we only know it is re-reimbursement of spent money from Pakistan's pocket.

Since you know the details of services provided, could you elaborate on what these services are for which CSF is given..and don't paste some Musharaff's videos.

 

[BATMAN]

Confidential agreements.... but i can tell you Pakistan bears the 95% cost and only charge 5%.
If US cannot afford 5% than he should not use excuses and cancel his agreement but only after paying the bills.

US has stolen before in history, when he held back both F-16 and the money.

 

[Awesome]

Pakistan should take advance payment

 

[BATMAN]

Pakistan should take advance payment

How about 10% share and we forget every thing... no more demands.

 

[Von Hölle]

Confidential agreements.... but i can tell you Pakistan bears the 95% cost and only charge 5%.
If US cannot afford 5% than he should not use excuses and cancel his agreement but only after paying the bills.

US has stolen before in history, when he held back both F-16 and the money.

LOL ..where did you get your 95% figure from??

Ok lets analyse.. the article says

"the US has so far released not even a single penny during the ongoing financial year, piling up the bills to the tune of $2.4 billion,” sources in the Finance Ministry told The News here on Thursday."

So Bill 2.4 Billion$ for this FY which US is suppose to pay ..now if we take your assumption ..then it only 5% of total expenditure in WOT..then WOT has costed you $48 Billion this year alone..and now according to you Pakistan has payed for 95% of this amount = $45.6 Billion ..which is twice you annual budget...

your thoughts on it??