Pakistan on Monday received $633 million of Collation Support Fund (CSF) from United States. The payment was transferred by Washington on last Wednesday to pay for Pakistan's expenses incurred in the fight against violent extremists. Syed Wasimuddin, chief spokesman of the SBP, also confirmed that the central bank received $633 million from US on account of CFS.
He said that amount was physically transferred into the central bank account on Sunday night. The CSF is designed to reimburse the government of Pakistan for expenses incurred in fighting violent extremist groups. Current payment covered the first six months of this year and Pakistan had now received "approximately 8.76 billion dollars" since 2001 under the scheme.
While, over one billion dollar is still pending and likely to be reimbursed in next calendar year. It may be mentioned here that under CSF, reimbursements is being made to 27 nations, including Pakistan, for logistical, military and other support provided to Washington's overseas military operations.
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