Pakistan's Federal  Interior Minister Senator Rehman Malik exchanging views with US Secretary of State, Hilary Clinton prior to a meeting in State Department.     — Photo by APP

WASHINGTON, Oct 6: The United States has waived legal restrictions that could have blocked $2 billion of economic and military assistance to Pakistan.

US Secretary of State Hillary Rodham Clinton has informed Congress that it was in America’s national interest to do so.

The Obama administration, however, refused for the first time to declare that Pakistan is making progress towards ending alleged military support for Taliban and other militant groups.

“Encouraged by the recent positive engagement with Pakistan, the Secretary has decided to exercise her authority to waive in fiscal year 2012 certification requirements on certain civilian and security assistance to Pakistan. The Secretary has determined that such assistance is in the US national security interest,” a State Department official said.

“It is a critical component of US efforts to continue to build a strong, mutually beneficial relationship with Pakistan grounded in concrete action on areas of shared interest,” the official said in a statement issued here.—Anwar Iqbal

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....
Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...