The United States has shown its inability to release the money to Pakistan under the Coalition Support Fund before June 30, which is likely to push the country’s fiscal deficit above 6 percent.
The country was hoping to receive $300 million from the United States against its claims of expenditure on the war against militants.
Sources said the US government has indicated that it might release the money in July.
This failure to keep the fiscal deficit low will create more difficulties for the economic managers. They have already been in trouble because of the lukewarm response to the offer for sale of bonds of Oil and Gas Development Company in the international market. The government had expected to raise $500 million from this the OGDCL bonds sale.
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