UNBconnect... - Afghan donors meet, expected to pledge $16B in aid

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Saturday, 25 May 2013

Afghan donors meet, expected to pledge $16B in aid

Reported by: AP/UNBconnect
Reported on: July 08, 2012 08:04 AM
Reported in: International

News - Afghan donors meet, expected to pledge $16B in aid

TOKYO, July 08 (AP/UNB) — An international donor meeting for Afghanistan that is expected to bring pledges of $16 billion in aid over the next four years has begun in Tokyo.

The meeting, attended by about 70 countries and organizations, will set aid levels in a crucial period for Afghanistan as most foreign combat troops leave the war-torn country.

U.S. officials traveling with Secretary of State Hillary Rodham Clinton said they expected the donors to pledge $16 billion, which would be in line with the nearly $4 billion per year that the Japanese co-hosts had said they were hoping to achieve during the Sunday conference.

The donors are also expected to set up review and monitoring measures to assure the aid is used for development and not wasted by corruption or mismanagement.

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