Skip to main content

Japan earmarks 14 billion dollars aid for developing countries

TOKYO: Japan has earmarked 14 billion dollars in aid this fiscal year to help developing countries fight poverty, the global economic crisis and extremism, the government said Thursday.The budget includes record spending for Africa and Asia and also raises spending for the Middle East and Afghanistan, the foreign ministry said.Japan -- a pacifist nation which uses economic aid as a key foreign policy tool -- allocated 1,389.7 billion yen (14.22 billion dollars) for loans, grants and assistance for fiscal 2009, a foreign ministry official said.That's up from its donation of 1,112.0 billion yen the previous year.For the year to March 2010, Japan will especially focus on helping crisis-hit Asian economies and on supporting war-torn Afghanistan and Pakistan in their fight against Islamic extremism, the official said.Japan earmarked a record 855.5 billion yen in official development assistance for Asia, which accounts for 61.6 percent of the total.Prime Minister Taro Aso previously pledged up to two trillion yen of aid for Asia during a G20 summit in London.Japan allocated a record 188.5 billion yen for Africa, 13.6 percent of the total, as it aims to fulfill a promise of doubling aid to Africa by 2012.For the Middle East and Afghanistan, the country earmarked 148.0 billion yen, or 10.6 percent, while also focusing on Iraq, the Palestinian territories and oil-producing nations, in a bid to improve its energy security, the official said.Aso at a Tokyo aid conference last Friday also promised to give one billion dollars in aid loans and grants over two years to help stabilise Pakistan, which shares a long and porous border with Afghanistan.The foreign ministry unveiled the details of the foreign aid programme in advance for the first time, including spending targets for each region, to increase transparency, the official said.

Comments

Popular posts from this blog

India's swine flu death rate is increasing

Friday, August 14, 2009 MUMBAI: A 26-year-old woman died Thursday of H1N1 swine flu in the southern city of Bangalore, raising India's death toll from the virus to 20, authorities said.The death was the first reported in India's information technology capital, the Press Trust of India reported.Meanwhile in Pune, the worst-affected in India, two more victims of the virus died Thursday, raising the death toll in that western city near Mumbai to 12, the report said. The victims were an 11-month-old boy and a 75-year-old old woman.US media reported movie halls, schools and colleges were ordered closed Thursday for three days to a week in Mumbai, the commercial and financial capital of the country, as fear of the pandemic spread.Prajakata Lavangare, a spokeswoman for the government of Maharashtra state of which Mumbai is the capital, said similar orders were issued in Pune, which is also located in the state.The woman who died in Bangalore was identified only as Roopa, a teacher in...

Tennis: Clijsters wins US Open, second time

NEW YORK: Kim Clijsters of Belgium won the US Open on Sunday by defeating Caroline Wozniacki of Denmark 7-5, 6-3 in the final.She is the first mother to win a Grand Slam title since Evonne Goolagong in 1980, the victory coming just five weeks after she returned to the sport following a 27-month retirement. She was the first wildcard, man or woman, to win a US Open title in the history of the tournament.

42 killed in wave of Iraq bombings

BAGHDAD: At least 42 people were killed and nearly 100 wounded in a spate of bomb attacks near the restive northern Iraqi city of Mosul and in the capital Baghdad on Monday, police said. In the deadliest single attack, two booby-trapped lorries exploded before dawn in the village of Khaznah, east of Mosul, leaving 25 people dead and 70 others wounded. Thirty-five houses were destroyed in the village, which is home to members of the tiny Shabak community, a sect of Kurdish origin. In Baghdad, two car bombs went off as day labourers were gathering in the early morning hours looking for jobs.The first bomb exploded at Hay al-Amel, in the west of the capital, killing nine people and injuring 46. The second bomb attack in Shurta Arbaa in the north of the city killed seven people and wounded 35 others.