August 2, 2018 1:39 PM

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US Congress passes bill to slash Pak's defence aid to USD 150 million

<span style="color: #222222;">The US Congress has passed a defence spending bill capping its security-related aid to Pakistan at 150 Million dollars, significantly below the level of more than one billion US dollars per year.<br />''</span><br />'' <span style="color: #222222;">The Senate passed the conference report on National Defense Authorisation Act-2019 (NDAA-19),  by 87 to 10 votes yesterday. The House of Representatives had passed the conference report last week. </span><br />'' <br />'' <span style="color: #222222;">It now heads to the White House for President Donald Trump's assent. The US has also voiced its disapproval of growing Chinese involvement in Pakistan, adding to tensions in bilateral ties. <br />''<br />''US Secretary of State Mike Pompeo on Monday had cautioned the IMF against a possible fresh bailout for Pakistan's new government to pay off Chinese lenders who have invested in the strategic China-Pakistan Economic Corridor.</span><br />'' <br />

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