Washington DC: Other than promising to pump billions of dollars into the economy on key areas such as education, transportation and jobs, President Obama’s administration on Monday proposed 2.4 billion US dollars in economic aid to Pakistan for the financial year 2013.
USD 2.2 billion out of the 2.4 billion will be used to strengthen independent and public institutions that present a barricade against radicalism and support joint security and anti- terrorism initiatives, plus eight hundred million for the Pakistan Counter-insurgency Capability Fund, the State Department proclaimed a short time after the White House sent the budgetary proposal to Congress.
The state department continued by saying that the budget also proposes USD 197 million support to the US government’s civilian presence, as well as programs for engagement with civil society .
The budgetary proposals of President Barack Obama provides USD 8.2 billion in total for Overseas Contingency Operations to support the massive and momentary costs of public led programs and operations in Iraq, Afghanistan and Pakistan.
Before implementation, the budgetary proposals are for the financial year 2013 beginning on the first of October 2012 needs to be accepted by both chambers of the US Congress – the House of Representatives and the Senate.
In his proposal for this year’s budget, President Barack Obama also proposed 4.6 billion US dollars for Afghanistan. This comprises 2.5 billion US dollars in assistance for programs related to anti-terrorism-, economic expansion, over and above supporting progress in governance, health and education, agriculture and countering the narcotics trade.
President Barack Obama is working on how voters see his plan to, among other things, improve economic trends and whether or not they believe he deserves another four years in his current seat to pursue. The Republicans in the meantime are gearing up for a protracted battle.