Breaking News Bar
posted: 7/7/2012 1:49 PM

International donors to pledge $16 billion to Afghanistan

hello
Success - Article sent! close
  • U.S. Secretary of State Hillary Rodham Clinton speaks as Afghan President Hamid Karzai listens during a joint press conference Saturday at the Presidential Palace.

      U.S. Secretary of State Hillary Rodham Clinton speaks as Afghan President Hamid Karzai listens during a joint press conference Saturday at the Presidential Palace.
    Associated Press

 
Bloomberg News

International donors will pledge $16 billion in aid for Afghanistan to stabilize the country after NATO troops pull out at the end of 2014, a U.S. official said.

Japanese officials will make the announcement Sunday in Tokyo at an international conference where about 70 countries and organizations will discuss Afghanistan's economic needs during and after the transition.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

The U.S. official said the World Bank has estimated that Afghanistan needs $3.9 billion a year. The $16 billion will be given out over four years, starting this year until 2015, the official said.

The U.S. share will change from year to year, said the official, a member of the party attending the conference with Secretary of State Hillary Clinton. It's expected to be in the range of $1 billion to $2.3 billion and will come with accountability measures to counter graft.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here