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09 February 2005 Wednesday 29 Zilhaj 1425





$640m for Pakistan in US budget

By Our Correspondent


WASHINGTON, Feb 8: Pakistan will receive $640 million from the $2.57 trillion US budget plan President George W. Bush sent to Congress on Monday.

"Although the budget allocations will be finalised next week, we will meet the multi-year financial commitment to Pakistan," a State Department official told Dawn.

He recalled that President Bush had pledged to provide $3 billion to Pakistan over a five-year period when he met President Pervez Musharraf at the Camp David Presidential resort two years ago. "And this pledge will be fulfilled," he added.

A special fund of $214 million has also been set up for dealing with failed, failing, and post-conflict states.


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