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Monday, August 2, 2021

US releases $116 million to finance F-16 upgrades

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WASHINGTON: The United States has released $ 116 million to finance mid-life upgrades for Pakistan’s existing fleet of F-16 fighter planes. The administration released the amount after completion of necessary process for shifting funds from foreign military financing, already allocated for the anti-terrorism South Asian ally.

The U.S. officials, commenting on the proposed re-allocation of funds last month, said jets upgrades would help enhance Pakistan’s counter-terrorism capability. Pakistan’s ambassador to the United States Hussain Haqqani held a series of meetings with U.S. lawmakers during the past few weeks to secure wider support for the move.-SANA

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