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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