Identifier
Created
Classification
Origin
08NICOSIA937
2008-11-28 14:44:00
CONFIDENTIAL
Embassy Nicosia
Cable title:  

PAKISTAN DONORS' CONFERENCE: CYPRUS RECEPTIVE TO

Tags:  EAID ECON EFIN IMF CY PK 
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VZCZCXRO2593
RR RUEHFL RUEHKW RUEHLA RUEHNP RUEHROV RUEHSR
DE RUEHNC #0937 3331444
ZNY CCCCC ZZH
R 281444Z NOV 08 ZDK
FM AMEMBASSY NICOSIA
TO RUEHC/SECSTATE WASHDC 9376
INFO RUEHZL/EUROPEAN POLITICAL COLLECTIVE
RUEHIL/AMEMBASSY ISLAMABAD 0461
RUEHBS/USEU BRUSSELS
C O N F I D E N T I A L NICOSIA 000937 SIPDIS DEPARTMENT FOR EUR/SE; SCA/PB E.O. 12958: DECL: 11/26/2018 TAGS: EAID ECON EFIN IMF CY PK SUBJECT: PAKISTAN DONORS' CONFERENCE: CYPRUS RECEPTIVE TO ATTENDING REF: SECSTATE 124618 Classified By: Deputy Chief of Mission Jonathan Cohen, Reasons 1.4 (b), (d) (C) PolOff on November 26 delivered reftel demarche to Michalis Zacharioglou, Counselor in the MFA Department of Development Cooperation and Humanitarian Aid. Zacharioglou stated that while Pakistan is not traditionally a high foreign assistance priority for Cyprus, the Ministry does take into consideration the important financial and economic reforms that Pakistan has taken in order to reach an agreement with the IMF, and would like to provide help to Islamabad to strengthen its ability to increase needed social sector spending. Zacharioglou is sending a memorandum to Foreign Minister Kyprianou recommending that the Ministry be represented at the December 16 Donors' Conference on Pakistan. He also intends to recommend the GoC make a pledge. A final decision would need to come from the Minister himself, most likely in consultation with the Ministry of Finance. Should a pledge of assistance come about, Zacharioglou concluded, it would probably "not be substantial" and not arrive until 2009, when the Finance Ministry releases new foreign assistance funds to the MFA. Urbancic

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