City
Epaper

New York City pays USD 220 million to rent Pakistan Government-owned hotel, Vivek Ramaswamy calls deal "nuts"

By ANI | Updated: December 1, 2024 11:55 IST

Washington, DC [US], December 1 : Indian-origin Republican leader Vivek Ramaswamy has expressed anger over the decision of the ...

Open in App

Washington, DC [US], December 1 : Indian-origin Republican leader Vivek Ramaswamy has expressed anger over the decision of the City of New York to pay USD 220 million in rent for a hotel owned by the Pakistan government, which meant that US taxpayers are "effectively paying a foreign government to house illegals".

In a post on X, Ramaswamy stated, "A taxpayer-funded hotel for illegal migrants is owned by the Pakistani government which means NYC taxpayers are effectively paying a foreign government to house illegals in our own country. This is nuts."

Ramaswamy's statement followed a posting by author John LeFevre who stated that the NYC renting out the entire Roosevelt Hotel in Manhattan that is owned by Pakistan, was part of a USD 1.1 billion International Monetary Fund (IMF) bailout package to help Islamabad avoid defaulting on international debt.

Sharing a post on X, LeFevre stated, "The city of New York pays $220 million to rent the entire Roosevelt Hotel in Manhattan to house illegal migrants. The hotel is owned by the government of Pakistan, and the deal was part of a $1.1 billion IMF bailout package to help Pakistan avoid defaulting on their international debt. Prior to this sweetheart deal, the hotel had been closed since 2020, having long-struggled with occupancy and in dire need of renovation."

https://x.com/vivekgramaswamy/status/1863022250498125866

In 2023, Pakistan government leased out Roosevelt Hotel, a property of Pakistan International Airlines (PIA) to the New York City Administration for three years against USD 220 million, as per a report in the Dawn. At the time, Pakistan's Federal Minister for Railways and Aviation Khawaja Saad Rafique said that a contract was signed between the government and the NYC administration/government.

Recently, US President-elect Donald Trump had announced that Elon Musk, CEO of Tesla, SpaceX, and 'X' along with Indian-origin Vivek Ramaswamy will lead the new Department of Government Efficiency (DOGE).

"Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies - Essential to the "Save America" Movement. This will send shockwaves through the system, and anyone involved in Government waste, which is a lot of people!," Trump had said in his annoncement.

The DOGE will partner with the White House and the Office of Management and Budget to drive large-scale structural reform and create an entrepreneurial approach to government.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentFWICE president B N Tiwari reveals if T-series pressurized them to lift ban from DiljIt Dosanjh

NationalED attaches Rs 1.05 crore assets in Goa Co-op bank fraud case

EntertainmentGlenn Howerton recalls how he almost quit 'It's Always Sunny in Philadelphia'

NationalDelhi Shooting Incident: Man With Multiple Criminal Cases Shot Dead in Najafgarh , Rivalry Angle Suspected

Other SportsSub-Jr Women's Nationals: Himachal dominate Puducherry, Assam overcome J&K 3-2

International Realted Stories

International"Your kindness and generosity...are legendary": Trinidad and Tobago President hails PM Modi

InternationalPromised liberalism, delivered fanaticism — Unsound Yunus regime unleashing chaos in Bangladesh

InternationalUS unveils first Iran oil sanctions after 12-day war truce

InternationalPakistan: Two Baloch youth latest victims of ongoing cycle of enforced disappearances

InternationalRussia won't accept Ukraine deal without security guarantees: Sergey Lavrov