Friday, September 25, 2009

Forex: Senate Approves Kerry-Lugar Pakistan Aid Bill

(RTTNews) - U.S. President Barrack Obama announced Thursday that the Senate has approved a newly-negotiated version of the Kerry-Lugar Pakistan aid bill that would triple the non-military aid to Pakistan, reports say. He made the announcement while addressing the Friends of Democratic Pakistan (FODP) summit.

The Senate approved the measure through a process known as "Unanimous Consent"--where the Senate doesn't actually vote on the bill, but nobody raises any objections, so it goes through--to pass the measure that approves $1.5 billion a year over the next five years for democratic, economic and social development assistance to the Islamic nation...link

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