US President Biden proposes to double economic support fund to cash-strapped Pakistan
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US President Joe Biden has proposed to double the economic support fund to cash-strapped Pakistan to USD 82 million for fiscal 2024 to help its recovery from devastating floods, diversify the energy supply, and support activities to build emergency preparedness capabilities. "Assistance to Pakistan will expand private sector economic growth; strengthen democratic institutions; and advance gender equity and women’s empowerment,” the State Department said.