‘Coalition support arrears for war on terror have reached $1.5bn’: Daily Times

By Sajid Chaudhry

ISLAMABAD: Arrears of coalition support for the war on terror have increased to $1.5 billion since May 2008, Finance Adviser Shaukat Tareen said on Thursday.

“We have asked them to at least release $100 million per month and scrutinise the remaining claim of $50 million for subsequent disbursement and they have termed it as a good suggestion,” he told reporters after inaugurating a one-day workshop on the Medium Term Budget Framework (MTBF).

He said that Pakistan would forward its formal request for additional $4.5 billion to bridge the financing gap owing to losses of the war on terror to the International Monetary Fund (IMF) authorities at the IMF-World Bank annual meeting in April.

Responding to a question on the IMF review of Pakistan’s economy underway in Dubai, he said that review is going well and there would be positive a outcome.

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