U.S. most likely to discontinue 7.5 billion dollar Kerry-Lugar civilian aid package to Pakistan

Image
ANI Karachi
Last Updated : Oct 14 2014 | 12:15 PM IST

According to sources in the finance ministry and diplomatic circles, the United States Congress is unlikely to extend the 7.5 billion dollar civilian assistance package to Pakistan under the Kerry-Lugar Act of 2009 that would expire by September next year.

The reports of discontinuation of funds come amidst increasing focus of the U.S. in the Middle East hinting its shift from South Asia, reports the Express Tribune.

Pakistani Officials said that the government received discouraging signs about the continuation of the civilian aid package beyond 2015 during meetings with the U.S. authorities.

The civilian package is expiring at a time when the U.S. is changing its priorities and strategic interests in the region that is limiting the chances of any extension.

The Act was passed by the U.S. congress into law in October 2010.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 14 2014 | 12:09 PM IST

Next Story