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Thursday
Jan062011

US Provides $190 Million to Compensate Pakistan Flood Victims

Photo Courtesy - Getty Images(ISLAMABAD, Pakistan) -- Acting Special Representative for Afghanistan and Pakistan (SRAP) Frank Ruggiero, Richard Holbrooke’s interim replacement, announced that the U.S. would supply a $190-million compensation package for flood victims in Pakistan during a visit to the country Thursday after meeting with Prime Minister Yousaf Gilani. The money will go toward Pakistan's Citizens Damage Compensation Fund. 

The funds will be taken from $500 million the U.S. initially rushed to help flood victims -- a reprogrammed part of the $7.5 billion Kerry-Lugar-Berman aid for Pakistan. 

“Acting SRAP Ruggiero also urged the Pakistani government to quickly implement the necessary accountability mechanisms, particularly those already agreed to with the World Bank, in order to enable expeditious release of the U.S. and other donor funds to the Citizens Damage Compensation Fund. And we'll continue to work with the government of Pakistan to identify priorities for the remainder of the U.S. commitment to provide up to $500 million of accelerated U.S. assistance from Kerry-Lugar-Berman,” State Department spokesman Mark Toner told reporters Thursday.

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