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| India-Pakistan |
| Obama proposes $3.1b for Pakistan spending in 2012 budget |
| 2011-02-16 |
| [Geo News] The B.O. regime has proposed to Congress a total of $ 3.1 billion in the 2012 budget for U.S economic and security assistance and diplomatic operations in Pakistain, according to a senior American official. The administration's spendings for Pakistain are broken up into two parts, the "enduring core part" - meaning long-term assistance programs and the Overseas Contingency Operations (OCO), an administration official said at a briefing on President Barack B.O.Obama's budget proposals for the fiscal year 2012, beginning October 1, 2011. As part of the long-term economic and security assistance, President B.O. is seeking $ 1.9 billion in the year 2012. The amount will also cover the cost of American aid operations and diplomatic presence. Of the $ 1.9 billion, about $ 1.5 billion is annual money to be allocated under the Kerry-Lugar-Berman five-year aid measure. It also includes $ 350 million in foreign military financing programs, which is part of the five-year agreement between the two countries.Some USAID operating expenses are also included in that number. Under the Kerry-Lugar-Berman initiative, the US spends money on a variety of programs including development of democracy and wide-ranging infrastructure projects to assist Pakistain's economic progress. On the extraordinary (OCO) side of the budget, the administration has proposed $1.2 billion, which includes some money for the American operational expenditures, about $146 million. Under the OCO, $ 1.1 billion is to be devoted to the Pakistain Counterinsurgency Capability Fund, which is a program that the two countries have worked jointly with the departments of Defense and the State. The PCCF seeks to train Pak forces for a more effective fight against snuffies along country's western border with Afghanistan. "So the unique part of the budget, the extraordinary part of the budget is the PCCF. The enduring part of the budget is more of our economic and military assistance thats going to be sustainable over the long term," the administration official said. |
| Posted by:Fred |
| #2 We could do an aweful lot with $3B here. |
| Posted by: Glolush White6237 2011-02-16 16:28 |
| #1 Why? That's $3B for his education fund. |
| Posted by: Skidmark 2011-02-16 07:23 |