June 2013 News 20 US HIKES PAK AID BY 40%, IN 2014 BUDGET

US HIKES PAK AID BY 40%, IN 2014 BUDGET

US President on April 10 proposed a 40% increase in American aid to Pakistan, amounting to $1.4 billion, as part of his $ 3.77 trillion budget that focusses on job creation and economic growth.
Obama among other things proposed to increase the US aid to Pakistan under overseas contingency operations to $ 1.4 million for the financial year beginning October 1, 2013, an increase of
40% than the $ 1 billion that he had proposed in the last year's budget for the fiscal 2013.
Obama also proposed to reduce the deficit by another $ 1.8 trillion.

State Department’s Budget
According to Obama's budget proposals, the state department's $ 47.8 billion budget includes $ 6.8 billion for the frontline States of Iraq ($ 2-1 billion), Afghanistan ($ 3.4 billion) and Pakistan ($ 1.4 billion). The proposals included $ 3 billion in base funding and $ 3.8 billion in overseas contingency operations funding. In view of the terrorist attack on the US consulate in Benghazi in Libya last year, the budget provides over $ 4 billion to secure overseas
personnel.