US to give 40pc aid to Pakistan via non-govt sector
ISLAMABAD: With more than 75 per cent payment of the Coalition Support Fund (CSF) still due, Pakistan and the United States agreed on Sunday to channel 60 per cent assistance under the Kerry-Lugar-Berman Act through the government and 40 per cent in civil society initiatives.
Pakistan sought a clear system of information-sharing from Washington and a joint mechanism for oversight of the funding to be disbursed by the US through civil society organisations.
New US Special Representative to Pakistan and Afghanistan Marc Grossman will hold discussion on the joint oversight mechanism with the top political leadership on Monday against the backdrop of the diplomatic row over the Raymond Davis issue.
Mr Grossman, on his first two-day visit to Pakistan, held a meeting with Finance Minister Dr Abdul Hafeez Shaikh.
The Pakistani side is also reported to have expressed concern over an inordinate delay in setting up reconstruction opportunity zones (ROZs) in the tribal region because of legal hitches in the US.
The government believes the proposed zones might already have lost their `opportunity` value.According to sources, the visiting envoy was told that more than 75 per cent of the payments for providing services to the coalition forces under the CSF were pending despite the implementation of a verifiable system for reconciliation of bills.
Mr Grossman promised to personally look into the billing claims and the verification process for speedy payments, the sources said.
An official statement said Mr Shaikh gave a detailed account of economic reforms undertaken to improve the economic conditions and highlighted budget priorities, including resource mobilisation, expenditure cut, tax measures and control of inflation.
The minister gave an overview of the state of the economy when the government had taken over and said economic growth had been lost because of non-reconciliation of development with reforms and the whole macro-economic framework had been affected.
He apprised the US envoy of difficult decisions he had to take for transition of the economy towards development after last year`s floods and increase in international oil prices.
Mr Grossman praised the economic measures and expressed the hope that they would benefit the people.
He said relations between Pakistan and the US were not only beneficial to both countries but also imperative for the region.
Praising Pakistan`s focus on development of the energy sector, he said it was fundamental for the economic and social development of any country.
The American representative stressed the need for developing relations in terms of people-to-people contacts.
The finance minister said the main objective of the strategic dialogue was to shift the relationship from government to the people`s level and strengthen it at the grassroots.
The two sides also discussed the establishment by the United States of an enterprise fund for better access of Pakistani pro- ducts to the United States market.
US to give 40pc aid via non-govt sector | Newspaper | DAWN.COM
ISLAMABAD: With more than 75 per cent payment of the Coalition Support Fund (CSF) still due, Pakistan and the United States agreed on Sunday to channel 60 per cent assistance under the Kerry-Lugar-Berman Act through the government and 40 per cent in civil society initiatives.
Pakistan sought a clear system of information-sharing from Washington and a joint mechanism for oversight of the funding to be disbursed by the US through civil society organisations.
New US Special Representative to Pakistan and Afghanistan Marc Grossman will hold discussion on the joint oversight mechanism with the top political leadership on Monday against the backdrop of the diplomatic row over the Raymond Davis issue.
Mr Grossman, on his first two-day visit to Pakistan, held a meeting with Finance Minister Dr Abdul Hafeez Shaikh.
The Pakistani side is also reported to have expressed concern over an inordinate delay in setting up reconstruction opportunity zones (ROZs) in the tribal region because of legal hitches in the US.
The government believes the proposed zones might already have lost their `opportunity` value.According to sources, the visiting envoy was told that more than 75 per cent of the payments for providing services to the coalition forces under the CSF were pending despite the implementation of a verifiable system for reconciliation of bills.
Mr Grossman promised to personally look into the billing claims and the verification process for speedy payments, the sources said.
An official statement said Mr Shaikh gave a detailed account of economic reforms undertaken to improve the economic conditions and highlighted budget priorities, including resource mobilisation, expenditure cut, tax measures and control of inflation.
The minister gave an overview of the state of the economy when the government had taken over and said economic growth had been lost because of non-reconciliation of development with reforms and the whole macro-economic framework had been affected.
He apprised the US envoy of difficult decisions he had to take for transition of the economy towards development after last year`s floods and increase in international oil prices.
Mr Grossman praised the economic measures and expressed the hope that they would benefit the people.
He said relations between Pakistan and the US were not only beneficial to both countries but also imperative for the region.
Praising Pakistan`s focus on development of the energy sector, he said it was fundamental for the economic and social development of any country.
The American representative stressed the need for developing relations in terms of people-to-people contacts.
The finance minister said the main objective of the strategic dialogue was to shift the relationship from government to the people`s level and strengthen it at the grassroots.
The two sides also discussed the establishment by the United States of an enterprise fund for better access of Pakistani pro- ducts to the United States market.
US to give 40pc aid via non-govt sector | Newspaper | DAWN.COM