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US temporarily suspends foreign assistance to Pakistan for re-evaluation

Business Standard LogoBusiness Standard2d ago

US temporarily suspends foreign assistance to Pakistan for re-evaluation - Business Standard

Quick Summary:

This move has instantly stopped a number of important United States Agency For International Development (USAID) projects in Pakistan, including the Ambassadors Fund for Cultural Preservation (AFCP), which is the flagship programme to promote cultural heritage preservation and protection, the Geo News reported.

The US has temporarily suspended foreign assistance to Pakistan for re-evaluation following an executive order issued by President Donald Trump, according to a media report on Tuesday.

According to the US embassy here, the AFCP fund "helps protect historic buildings, archaeological sites, museum collections, and traditional cultural expressions like indigenous languages and crafts around the world".


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Category: BusinessFinance

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 22:22:54 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 495 words

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Sentences: 20 lines

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Copyright Owner: © Business Standard

News ID: 25585490

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