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US has pumped $12.28bn into Pakistan since 2002

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US has pumped $12.28bn into Pakistan since 2002

By Khalid Hasan

WASHINGTON: The US extended $7.74 billion in security-related assistance to Pakistan between financial years 2002 and 2008, against $4.53 billion that went towards the country’s economic support.

According to Alan Kronstadt of the Congressional Research Service, the bulk of the military-related assistance went to Coalition Support Funds ($5.56 billion), followed by Foreign Military Financing ($1.57 billion), International Narcotics Control and Law Enforcement, including border security ($267 milliion), Counternarcotics Funds ($131 million), Frontier Corps training and equipment ($75 million), Nonproliferation, Global Training and Equipment ($53 million), non-proliferation, Anti-Terrorism, Demining and Related support ($52 million), and International Military Education and Training ($11 million). As for economy-related assistance, the bulk of it went to the Economic Support Fund ($2.43 billion), followed by Export and Investment Assistance ($1.43 billion).

The Export-Import Bank accounts for about 75 percent of this amount, while the Overseas Private Investment Corporation accounts for the other 25 percent. Of the rest, Development Assistance represented $286 million, followed by Food Aid ($204 million) and Child Survival and Health ($137 million).


looks like mushy is a great salesman....
 
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