I did not know how bad things were in Pakistan until I read this essay by my friend Parvez Iftikhar, the greatest universal service fund evangelist there is. Coming to home, the level of utilization of USF funds in Pakistan, at this time, is actually worse. According to a careful estimate, since 2006 an equivalent of US$ One Billion has been collected (including the interest earned on the collections) – excluding those millions that were collected by PTA in the initial years and deposited directly with the government. Out of this One Billion, US$ 160 Million has been disbursed to the telcos. Another US$ 110 Million is committed in signed contracts of on-going projects, and is lying with the Government of Pakistan.