Pakistan to receive $352 million from US under coalition support fund by Feb 6

Eurasia News

ISLAMABAD: Pakistan will receive $352 million from the United States under the Coalition Support Fund by February 6, US ambassador to Pakistan Richard Olson said on Friday.

During a meeting with the federal minister for finance Ishaq Dar in Islamabad, US ambassador to Pakistan Richard Olson said that US Secretary of Defence has signed authorisation for payment to Pakistan under Coalition Support Fund for reimbursement of $352 million.

The ambassador said that the Congress has been notified and the amount is expected to be released to Pakistan by February 6.

During the meeting‚ they discussed matters of mutual interest particularly relating to forthcoming strategic dialogue scheduled to be held in Washington next week.

Olson confirmed that the meeting of the Economic Working Group of the two countries would be held in Washington in April this year.

The finance minister said that Pakistan has successfully achieved the economic targets set for itself for the half year period ending December 2013. He said that the government has taken tough decisions to stabilise economy.