crosspak

Atlantic Council Report

In Aid on February 25, 2009 at 11:45 am

The Atlantic Council of the United States (ACUS) released a report, Needed: A Comprehensive U.S. Policy Towards Pakistan at the Senate Foreign Relations Committee today calling for an additional $4 to 5 billion in economic aid for Pakistan.  Co-chairs of the ACUS’s Task Force on Pakistan, Senator John Kerry and former Senator Chuck Hagel argue that the money is required in order to avoid a financial meltdown with exceedingly dangerous consequences for Pakistan and the world.  

This report comes in the wake of others produced by Washington-based think tanks, such as that by the Pakistan Policy Working Group, but its authors argue this report highlights the urgent need for action, provides a conceptual framework, strategy, and specific actions to take, and outlines both the short and long-term consequences of inaction.  At the heart of the rationale: “If Pakistan fails, the world fails.” 

But Al Jazeera warns that some US lawmakers are unwilling to “bailout” Pakistan in the wake of the PakGovt’s truce with Taleban in Swat.  They fear that Pakistan is doing enough nor is it taking correct action in combatting Al-Qaeda and the Taleban.  It does not help that the report comes out just days after Senator Menendez’s (of the Goverment Accountability Office) criticisms of the way aid to Pakistan has been used, or rather squandered.  

Perhaps this sort of news can change minds.

Personally, I’m very excited to see how the Indian Lobby reacts!

Regardless, we can expect to see a great deal more on Pakistan from the ACUS, which recently took on Shuja Nawaz (author of Crossed Swords) as Director of the South Asia Center.

More coverage:

From Pakistan: http://www.dailytimes.com.pk/default.asp?page=20092\25\story_25-2-2009_pg7_7

http://www.google.com/hostednews/afp/article/ALeqM5jNQ12YZSf7sdGm_MhwCUzgWvzmaQ

http://www.google.com/hostednews/ap/article/ALeqM5jIbWToL2h1W_u1KaaaPXDLm_7LhgD96IOHNG0

And the UK: http://www.telegraph.co.uk/news/worldnews/asia/pakistan/4801441/US-warns-that-Pakistan-needs-5bn-urgently-to-avoid-collapse.html

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