Islamabad : The US slashed aid to the already cash-strapped nation, Pakistan by nearly USS 440 million, bringing down its commitment to just USD 4.1 billion.
The aid was disbursed under Pakistan Enhanced Partnership Agreement (PEPA) 2010, reported Express Tribune.
Notably, the PEPA was signed in September 2010 to make operational the Kerry Lugar Berman (KLB) Act that was passed by the US Congress in October 2009 to disburse USD 7.5 billion to Pakistan over a period of 5 years.
Earlier this year in the month of January, Pentagon had cut USD 1 billion worth financial aid to Pakistan, with Defense Secretary James Mattis and other officials citing Islamabad’s failure to crack down on the Haqqani terror outfit as the reason behind it. Fox News reported.
During his meeting with Pakistan Prime Minister Imran Khan, last month, US President Donald Trump strongly criticized Islamabad for its behavior which led to the cancellation of US aid amounting to USD 1.3 billion to the country.