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Home -> News-> World-> Full Story
US budget provides 53 mn for India, 326 mn to Pak
Tuesday, February 4 103 20:50 Hrs (IST)

Washington: The United States has earmarked $ 53.35 million for India, which is almost one-sixth of what it has allocated for Pakistan in its budget for 2004 presented by President George W Bush to Congress on February 3.

The Bush administration allocated a much higher amount $ 326.25 million to Pakistan, regarded as a key ally of US against terrorism.

In contrast to this, US is considering only $ 53.35 million to India of which $ 27.1 million would be for developmental assistance as against $ 34.4 million in 2003 and an actual allocation of $ 29.2 million in 2002.

US also proposed an Economic Fund Support of $ 20 million during 2004 as against $ 25 million in 2003 and an actual flow of $ 7.0 million.

India is also slated to get foreign military financing for buying military-related items worth $ 5.0 million during 2004 as against $ 50 million in 2003.

US administration also allocated $ 1.25 million for international military education and training during 2004 as compared to one million dollars in 2003 and $ 1.012 million actual flow in 2002.

In case of Pakistan, the Bush administration decided to provide $ 200 million through economic support fund for 2004, which was same as that for 2003 and $ 624.5 million in 2002.

Pakistan is slated to get $ 50 million for developmental assistance during 2004 as against $ 37.5 million in 2003.

PTI





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