collected snippets of immediate importance...


Friday, October 30, 2009

Over 92 percent of the US aid money granted in previous years is being spent through the American NGOs resulting in the return of a fair portion of the financial assistance back to the donor country. The News investigation found that of the projects run through $1.05 billion assistance, the government agencies were granted an amount of $29.68 million (2.78% of the total amount), UN bodies received $50.80 million (4.8%) and US NGOs bagged projects of $960 million (92.30%). This coincides with Ambassador Holbrook’s disclosure about short-listing more than 1,000 NGOs for awarding contracts in Pakistan.

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