New envoy urges US to bail out Pakistan By Farah Stockman
Globe Staff / November 10, 2008
WASHINGTON - With Pakistan teetering on the brink of bankruptcy, Husain Haqqani put on a powder blue tie and made his pitch. A quick infusion of US cash, he said, would ensure that Pakistan will be able to afford to keep up its expensive military operations near the Afghan border.
"All Pakistan is asking for is a bailout of $10 billion to fight terrorism" and get back on its feet, he told a packed audience recently at the Foundation for the Defense of Democracies, a Washington-based think tank.
Fleeing investors and mounting debts have become serious threats for Pakistan, along with a smoldering insurgency and a history of corruption. Now Haqqani - a former Boston University professor of international relations who became Pakistan's ambassador to the United States in May - is charged with an almost impossible task: trying to secure more funding from the already depleted coffers of the US government.
Haqqani has been an Islamic activist, a war correspondent, a savvy politician, a beloved professor, and an aide to two rival Pakistani prime ministers.
As an envoy from one of Washington's most precarious allies, Haqqani must be an opti mist against the odds. He must believe that the newly elected government he represents can clean up corruption, defeat a Taliban insurgency, survive a major financial crisis, and improve relations with the United States.
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