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US more than halves military aid to Pak, keeps option open to call it loan

The administration has slashed its financing to Pakistan from $255 mn to $100 mn

Press Trust of India  |  Washington 

The Trump administration has slashed its foreign military financing (FMF) to Pakistan from $255 million to $100 million for the 2018 financial year, but has kept its options open whether it would be a grant or should be converted into a loan, according to a US official. "While we may use FMF to leverage loans for some countries, we will still maintain the flexibility to use it as grant assistance where needed," a state department spokesman told PTI when asked about the budget proposal of $100 million in foreign military funding to Pakistan. "This budget ...

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First Published: Wed, May 24 2017. 13:57 IST
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