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Trump administration to continue withholding $255m military aid to Pakistan

12:30 PM | 2 Jan, 2018
Trump administration to continue withholding $255m military aid to Pakistan

WASHINGTON - The United States has reportedly decided not to release previously promised $255 million military aid to Pakistan after President Donald Trump accused the country of given nothing but lies and deceit thinking US leaders to be fools.


According to international media, this was confirmed by an official of US National Security Council on the same day Trump lashed out at Pakistan.

CNN News quoted the official as, “The United States does not plan to spend the $255 million in [Fiscal Year] 2016 Foreign Military Financing for Pakistan at this time”.

He added, “The president has made clear that the United States expects Pakistan to take decisive action against terrorists and militants on its soil, and that Pakistan’s actions in support of the South Asia Strategy will ultimately determine the trajectory of our relationship, including future security assistance.”

US President Donald Trump tweeted on Monday that the United States had foolishly given Pakistan over $33 billion in aid over the last 15 years.

In his tweet, Trump accused Pakistan of given nothing but lies and deceit thinking US leaders to be fools. “They give safe havens to the terrorists we hunt in Afghanistan, with little help. No more!”

https://twitter.com/realDonaldTrump/status/947802588174577664

The previous US administration promised the $255m aid to Pakistan in 2015 and announced to release it in 2016. Later the new President Trump held the office and attached new conditions to further delay the release of the aid.

This assistance was the major chunk of an estimated $1.1 billion of US aid Congress had authorised in 2016.

Although figures released to the US media estimate the volume of annual US assistance to Pakistan at $1.1bn, hundreds of millions of dollars are withheld every year under different restrictions imposed since 2011, when relations between the two countries began to deteriorate after Osama bin Laden’s discovery in Abbottabad, reported Dawn News.

In August 2017, the US State department following Trump's South Asia policy said: “Consistent with our new South Asia strategy, this decision allows us the flexibility to continue reviewing our level of cooperation with Pakistan prior to committing new security assistance resources to projects in Pakistan”.

The Trump administration also informed the Congress that it was putting the total amount of assistance into an escrow account that Pakistan could access only if it take actions against safe havens of terrorist in tribal areas.

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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