US asks Pakistan to pay for F-16s

Published
236

WASHINGTON: The US State Department has said that Pakistan will have to pay from its own funds if it wants to buy F-16 fighter jets.

Pakistan had earlier reached an understanding with the US for buying eight F-16 planes. Under the deal, Pakistan was required to pay about $270m from its national funds. The US was supposed to provide the rest from its Foreign Military Financing (FMF) fund.

But at a congressional hearing on Wednesday, US lawmakers made it clear that they would not allow the Obama administration to use US funds for the deal.

On Friday, a State Department official told Dawn that Congress had placed a hold on the deal, forbidding the administration from using US funds for enabling Pakistan to buy the planes.

And on Monday afternoon, the department confirmed that Pakistan will have to use its own funds if it wants the planes.

The latest announcement practically kills the deal and Pakistan may find it difficult to buy the planes at two and a half times more than the agreed price.

Published in Dawn, May 3rd, 2016

Opinion

Editorial

Risks ahead
02 Oct, 2026

Risks ahead

ON Thursday, a day after the PTI leadership expressed its resolve to go ahead with its planned protest march this...
Exit from Iraq
02 Oct, 2026

Exit from Iraq

AMERICAN and British troops have once again shipped out of Iraq. On Wednesday, the foreign forces left the Arab...
Lahore’s ozone warning
02 Oct, 2026

Lahore’s ozone warning

LAHORE has received another warning that its air pollution crisis cannot be treated as a problem that begins with...
Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...