ISLAMABAD: The United States plans to spend $101 million to strengthen democracy in Pakistan, address the threat of militancy and prevent Islamabad’s reliance on China in fiscal year 2025, said a senior American official who presented a written budget request to the House of Representatives Foreign Affairs Committee on Tuesday.
Budget requests, policy proposals and funding plans are frequently presented by relevant officials to various congressional committees in the US. These testimonies are part of the legislative process and are used to inform and persuade lawmakers about the importance of proposed expenditures and policy directions.
The overall budget proposal of $1.01 billion for South and Central Asia was presented by Donald Lu, the assistant secretary for the region, who said it represented a 1.9 percent decrease from fiscal year 2023.
“On Pakistan, we face ongoing challenges and opportunities,” he told the House Foreign Affairs Committee. “The President’s Budget requests a straight lining of our $101 million Pakistan budget.”
“That money would be used to strengthen democracy and civil society, to fight terrorism and violent extremism, and to support economic reforms and debt management to help stabilize Pakistan’s economy and prevent further overreliance on the PRC [People’s Republic of China],” he continued.
The American official, who was widely blamed by former prime minister Imran Khan’s party for contributing to his administration’s downfall, an allegation denied by Washington, said the US was struggling to compete with China in the region, which is seeking to secure military and commercial footholds in the Indian Ocean.
He also noted that the US administration had to “live in a world of constrained budgets.”
“Our most effective strategy to counter an assertive PRC is to demonstrate that we have something better to offer — better development opportunities, better commercial deals, and better solutions for their security challenges,” he added.
US allocates $101 million to counter Pakistan’s ‘overreliance’ on China, ‘strengthen democracy’
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US allocates $101 million to counter Pakistan’s ‘overreliance’ on China, ‘strengthen democracy’
- Donald Lu says US will also use the money to stabilize Pakistan’s economy, deal with militancy issue
- He maintains the US is living in a ‘world of constrained budgets’ while dealing with an ‘assertive’ China
Pakistan urges developed nations, global institutions to expand role in climate financing
- Pakistan is recognized among countries worldwide most affected by climate-induced disasters
- Planning minister stresses redesigning global financial system on principles of responsibility, equity
ISLAMABAD: Pakistan’s Planning Minister Ahsan Iqbal this week called on developed nations and international financial institutions to play a greater role in helping developing countries adopt green technologies at lower costs, state-run media reported.
Pakistan has suffered frequent climate change-induced disasters over the past couple of years, ranging from floods, droughts, heatwaves, cyclones and other irregular weather patterns.
This year the South Asian country reported over 1,000 deaths from floods and landslides triggered by heavy rains and the melting of glaciers.
“He [Iqbal] said Pakistan has urged developed countries and international financial institutions to expand their role in climate financing to enable developing nations to adopt green technologies at lower costs,” state-run Associated Press of Pakistan (APP) reported on Saturday.
The minister was speaking at the Second Asia Energy Transition Summit held at Pakistani university LUMS on Saturday.
Iqbal warned that climate change is intensifying emergencies and increasing economic burdens on vulnerable countries, adding that financial incentives and concessional financing have become indispensable for sustainable climate action.
“He further emphasized the need to redesign the global financial system based on the principles of collective responsibility and equity,” APP said.
The minister noted that Pakistan has been introducing comprehensive reforms in its development agenda to promote renewable energy, solar power and green technological solutions.
The country, he said, possesses “strong solar potential,” a robust renewable energy market, a wide talent pool in engineering and science and an enabling environment for green innovation.
Pakistan has regularly urged developed countries to fulfill past pledges and provide easy access to climate funding without attaching conditions, especially at Conference of Parties (COP30) climate summits.
Islamabad was instrumental in getting the Fund for Responding to Loss and Damage (FRLD) established at the COP27 climate summit in Egypt in 2022. The Loss and Damage Fund aims to help developing and least developed countries cope with both economic and non-economic impacts of climate change, such as extreme weather events and slow-onset crises like sea-level rise and droughts.
