Donors to offer $4 bn to Pakistan at Japan conferenceApril 14th, 2009 - 5:01 pm ICT by IANS
Tokyo, April 14 (DPA) Japan aims to gather $4 billion in assistance over a two-year period from member states at an international donor conference on Pakistan scheduled for Friday, while planning to make significant commitment, foreign ministry officials said Tuesday.
The host of the one-day conference hopes that 30 participating nations and international groups would donate $4 billion over two years.
During the conference, Japan also plans to make “a significant pledge” of up to $1 billion to help Pakistan, which suffers from increased violence in its tribal areas bordering Afghanistan, ministry officials were quoted as saying by The Nikkei business news.
With the World Bank and Japan as co-chairs, the conference is aimed at bringing peace and stability to the country and helping it overcome economic challenges.
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