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US gave Pakistan 20 Billion since 2002

by Phantom Ace ( 5 Comments › )
Filed under Headlines, Islamic Finance, Islamic Supremacism, Pakistan at May 11th, 2011 - 3:51 pm

Your tax payer money at work. The US has given Pakistan 20 Billion since 2002.

A number of media reports state that the U.S. gave Pakistan $1.5 billion dollars in aid last year. Other media reports quoting Congressional estimates suggest the U.S. gave $18 billion to $19 billion to Pakistan since 9/11..

But those figures actually underestimate what U.S. taxpayers spent on Pakistan.

The U.S. gave $20.7 billion in military and economic development aid to Pakistan from fiscal 2002 through fiscal 2011, according to a new report that FOX Business has obtained that was issued by specialists in South Asian Affairs for the Congressional Research Service [CRS] to Congress on May 6.

The report also shows that the U.S. gave Pakistan $1.3 billion in 2003 and 2004 to help cancel an earlier $1.5 billion debt Pakistan owed U.S. taxpayers. The Administration wants to lift Pakistan’s 2012 total aid to $3.4 billion from $2.96 billion for 2011, the CRS adds

What a waste of money.