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'Friends of Pakistan' last hope in economic meltdown

by hussain | September 25, 2008 at 02:18 am | 147 views | 3 comments | 2 recommendations

President Asif Zardari will ask the United States, United Kingdom, Saudi Arabia and other important world economies to pledge a breathing fiscal space for Pakistan by extending $3 to $5 billion in aid to rescue the country’s faltering economy amid growing concerns of default on foreign debt obligations.

Official sources said here Thursday the appeal will come on Friday at the Friends of Pakistan Conference being co-sponsored by Zardari, the US and UK in New York.

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mgmirkin
mgmirkin
flagged this story as Good Stuff

at 08:10 on September 25th, 2008

hussain, I like this story. It's good stuff.

Y'know, it's funny. When I read the title, I thought it was about the USA's faltering economy... Wondered what the "friends of Pakistan" had to do with it. Now that's irony!

Regards,
~Michael Gmirkin

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mgmirkin

So, when will all the countries the US has extended aid to in the past, at taxpayer expense no doubt, repay those debts? Lord knows, it seems like we could use it these days. =oP

~Michael Gmirkin

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hussain

Michael Gmirkin, you are right but only Pakistan and US rulers can answer your questions.

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September 25, 2008 at 02:18 am by hussain, 147 views, 3 comments

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