ISLAMABAD: Amid difficult situation facing Pakistan on economic front, the Obama administration is dillydallying in reimbursing stuck-up amounts of $2.4 billion extended bills by Pakistan after conducting operation against militants in tribal areas, adjacent to war torn Afghanistan, it is learnt.
“Despite repeated attempts made by Islamabad’s authorities to pursue Washington for immediate release of stuck-up amounts, the US has so far released not even a single penny during the ongoing financial year, piling up the bills to the tune of $2.4 billion,” sources in the Finance Ministry told The News here on Thursday.
The extended bills were reconciled with the US Embassy here and then sent to Pentagon for early release but so far there were teething problems despite this fact that the US had sent a special delegation last year to resolve procedural issues. All required procedures were changed to ensure effective monitoring but there were delays in reimbursing the amounts. Pakistani side is going to take up this issue of stuck-up amount of Coalition Support Fund (CSF) in the forthcoming Strategic Dialogue between the two sides which Chief of the Army Staff General Ashfaq Parvez Kayani is also scheduled to attend in Washington DC.
The US, the sources said, adopted practice of reimbursing the amount in back loaded shape as Washington did during the previous financial by releasing the whole stuck-up amount of over $1 billion in last quarter of fiscal year 2009-10.
“After July 1, 2010, the US has not released any amount, resulting into creating quite difficult situation for the country as the woes of economic managers aggravated after the severe floods that impacted over 20 million populations,” a senior official said.