Learn to read the articles before posting them here it what its says when you click it.
September 2, 2010
The IMF announced it would provide around $450 million in new emergency
financing to Pakistan to help the country cope with the economic impact of this summers massive floods, which have affected about one-fifth of Pakistans land mass and left millions homeless.
Financing isn't considered AID but since it makes you burn its my pleasure to help u out.
Pakistan has admitted it is struggling to raise funds to stave off bankruptcy and may have to accept politically unpopular aid from the International Monetary Fund to ward off possible economic meltdown.
By Isambard Wilkinson in Islamabad
2:52PM BST 19 Oct 2008
A key ally in the US-led war on terror, Pakistan has not yet won concrete pledges to stabilise its plummeting economy.
The country is facing 25 per cent inflation and a plunging currency and needs up to $5bn to avoid defaulting on sovereign debt due for repayment next year.
The foreign Minister, Shah Mehmood Qureshi, said the "IMF was an option" but that no decision had been made yet.
First the article is from 2008 we are in 2011 second It dosent say any where even in that article that IMF is giving Aid to Pakistan as i posted above IMF giving Financing Of 450 million dollars after the floods of 2010 but numbers and thinking probably gives you headaches and if can make the head aches worse it will be my pleasure oh i am enjoying this so much.
Repeat of the same news
LOL read the date of the above article By JANE PERLEZ
Published: October 18, 2008
Its NEW YORK time American newspaper they also claim all the money paid for goods bought from Pakistan as Aid being given by the American Government.
If you agree with that then it can also be said that all payments made to India for its goods and services is Aid to India.
Has international community written off Pakistans over 60 billion Dollars debt for its commitment to war on terror? Has Pakistan discovered new oil wells to get rid of heavy oil imports? Have we got a solution to our crippling energy crisis? Has our GDP growth rate reached an overnight double digit target? Has US Dollar significantly decreased with respect to the Pakistan Rupee in the currency markets? It is unfortunate to say that the answers to all these questions are in the negative.
The question arises then is why Pakistan has abandoned the loan programme of the International Monetary Fund (IMF)? The reasons are more political than economic and this has not happened for the first time. Earlier regimes including Pervez Musharraf and Nawaz Sharif during their respective tenures, in their quest for political leverage, made tall claims to smash the begging bowl but what happened thereafter is known to all of us. Every time we shouted a hollow slogan of self-reliance, a desperate Pakistan headed to IMF and other donor agencies with a bigger bowl thereafter. So, in effect our half hearted bids to self reliance left us in the quick sand of debt deeper than before.
Pakistan has availed itself $7.6 billion of the $11.3 billion IMF loan to avert a balance of payments crisis and meet its international debt obligations.
oh i see where you got confused when they said loan you call it Aid when they say Financing you call it Aid you having selective eyes sight mixing up dates and words to make your point only shows one thing you need GAVISCON.
