AIRLINK 74.00 Decreased By ▼ -0.56 (-0.75%)
BOP 5.02 Decreased By ▼ -0.04 (-0.79%)
CNERGY 4.42 Decreased By ▼ -0.04 (-0.9%)
DFML 39.20 Decreased By ▼ -0.53 (-1.33%)
DGKC 86.09 Decreased By ▼ -1.46 (-1.67%)
FCCL 21.65 Decreased By ▼ -0.28 (-1.28%)
FFBL 34.01 Decreased By ▼ -0.58 (-1.68%)
FFL 9.92 Increased By ▲ 0.17 (1.74%)
GGL 10.56 Increased By ▲ 0.07 (0.67%)
HBL 113.89 Increased By ▲ 0.10 (0.09%)
HUBC 135.84 Decreased By ▼ -0.68 (-0.5%)
HUMNL 11.90 Increased By ▲ 1.00 (9.17%)
KEL 4.84 Increased By ▲ 0.17 (3.64%)
KOSM 4.53 Decreased By ▼ -0.11 (-2.37%)
MLCF 38.27 Decreased By ▼ -0.19 (-0.49%)
OGDC 134.85 Decreased By ▼ -1.29 (-0.95%)
PAEL 26.35 Decreased By ▼ -0.26 (-0.98%)
PIAA 20.80 Decreased By ▼ -1.69 (-7.51%)
PIBTL 6.68 Increased By ▲ 0.01 (0.15%)
PPL 123.00 Increased By ▲ 0.71 (0.58%)
PRL 26.69 Decreased By ▼ -0.28 (-1.04%)
PTC 14.33 Increased By ▲ 0.42 (3.02%)
SEARL 59.12 Decreased By ▼ -0.75 (-1.25%)
SNGP 69.50 Decreased By ▼ -0.56 (-0.8%)
SSGC 10.33 Decreased By ▼ -0.02 (-0.19%)
TELE 8.50 Decreased By ▼ -0.04 (-0.47%)
TPLP 11.23 Decreased By ▼ -0.11 (-0.97%)
TRG 64.85 Decreased By ▼ -1.15 (-1.74%)
UNITY 26.25 Decreased By ▼ -0.08 (-0.3%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 7,851 Increased By 26.3 (0.34%)
BR30 25,337 Decreased By -69.2 (-0.27%)
KSE100 75,207 Increased By 122.8 (0.16%)
KSE30 24,143 Increased By 49.1 (0.2%)
Top News

US renews commitment to economic support for Pakistan

WASHINGTON : The United States on Thursday renewed its commitment to support Pakistan's economic development with the St
Published July 14, 2011

mark-tonerWASHINGTON: The United States on Thursday renewed its commitment to support Pakistan's economic development with the State Department emphasizing that Washington's economic assistance for Islamabad continues to flow, irrespective of a slowdown in the security aid.

State Department Deputy Spokesman Mark Toner told reporters that US Deputy Secretary of State Thomas Nides spoke by telephone with Pakistani Minister of Finance Dr Abdul Hafeez Shaikh.

"They discussed the importance of continuing cooperation on the US- Pakistan civilian assistance program. And Deputy Secretary Nides reiterated to Minister Shaikh that the United States remains committed to working in partnership with Pakistan to fuel economic growth and to improve its energy, education and health sectors," Toner said at the daily briefing.

The spokesman, speaking days after US decision to pause $800 million in military assistance for Pakistan, stressed that it's "important to note that while there is this slowdown on the security and military side, our civilian assistance continues." He referred to Kerry-Lugar-Berman assistance program and said the US has dispersed about 2 billion dollars in civilian assistance, which includes over $ 550 million in emergency humanitarian assistance that was in response to the floods. "So, you know, we do have a slow down on the security side, but our civilian assistance remains undeterred."

The conversation between the US and Pakistani officials, he said, was an "important opportunity to touch base with Pakistan to ensure that this civilian assistance continues and to look at our priorities and make sure that they match Pakistan's.

Copyright AFP (Agence France-Presse), 2011

Comments

Comments are closed.