Saturday, February 28, 2009

US to Reward Pakistan for Caving in to the Taliban by Giving Them One-Time $5 Billion aid Package (on top of the $1.5 Billion Yearly Payment)

USA
By Chidanand Rajghatta

WASHINGTON: The United States is lining up billions of dollars in new economic and military aid to Pakistan despite reports that Islamabad is using American tax-payer money for deals with the Taliban and accounts of US arms ending up in the hands of the extremists.

Amid an ongoing review of the so-called Af-Pak policy initiated by the Obama administration, Washington, under pressure from influential Senator John Kerry among other lawmakers and lobbyists, is said to be considering a one-time $5 billion aid to Pakistan over and above the $1.5 billion annual package for ten years currently under review for passage through Congress.

Releasing a report by the think-tank Atlantic Council on Wednesday, Kerry, who is also the chairman of the Senate Foreign Relations Committee and is in a position to pilot the aid package, raised the prospect of a total collapse in Pakistan if it was not helped urgently.

Pakistan
"If we fail, we face a truly frightening prospect: terrorist sanctuary, economic meltdown, and spiraling radicalism, all in a nation with 170 million inhabitants and a full arsenal of nuclear weapons," he said. "The stakes could not be higher, and [this] report could not be more timely."

The 27-page report calls for "a total of $4-5 billion above the (Biden)-Kerry-Lugar proposals and beyond the IMF and other loans from the US. and other sources," for Pakistan. Of this, it recommends, about $3 billion should go to the economic and social sectors directly. About $1 billion of fresh or redirected funds would go to security forces -- both military and law enforcement. Read more ...

Source: TNN
H/T: Weasel Zippers

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