Financial crisis poses threat to Pak stability: Clinton

A financially unstable Pak will increases danger that the US will face from the threat by extremists to Islamabad,argued Hillary Clinton.

Written by Agencies | Washington | Published:February 20, 2009 4:36 pm

US Secretary of State Hillary Clinton has said that terrorists have found “safe haven” in Pakistan,a country,which she said will now get under more pressure because of the it being in economic crisis.

“It is where the terrorists and their allies have found haven. But the economy in Pakistan is under even greater pressure now because of the global economic crisis,” she said.

If Pakistan becomes more financially unstable,that increases the danger that the US will face from the threat by the extremists to the Pakistan Government,Clinton argued.

In an interview to the ABC news,Clinton agreed with Director of National Intelligence Dennis Blair that the economic crisis poses the greatest threat to the security now and this needs to be fixed urgently.

“That is not,in any way,to underestimate the importance of the continuing threat from terrorism,the instability in the Middle East and Afghanistan and Pakistan and elsewhere,” she said according to a transcript released by the State Department.

“I appreciated his (Blair’s) putting that into the context of the threat matrix,because look at Pakistan,a country that we know has to be stabilised for the benefit of not only South Asia,but beyond,” Clinton said.

“But this economic crisis,left unresolved,will create massive unemployment. It will upend governments. It will,unfortunately,breed instability,” Clinton said.

She said the Obama Administration understands that the instability in Pakistan,the safe haven given to al-Qaeda and to the Taliban,the alliances among the extremist groups,is a not only a threat to the stability of the Pakistan and Afghanistan,but also to the entire world including the US.

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