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Afghanistan, Japan sign USD 20mn non-project grant agreement

in Afghan Business

Afghanistan, Japan sign USD 20mn non-project grant agreement

The Japanese government donated USD 20mn aid to the Afghan government in response to the urgent request from the Government of Afghanistan which faces a severe budget crisis.

An agreement to that effect was signed between Acting Foreign Minister Atiqullah Atifmal and Japanese Ambassador to Afghanistan Hiroshi Takahashi.

The aid will help meet the urgent needs of the Afghan government including purchase of oil and gas from foreign countries.

Being Afghanistan’s second major donor, Japan has granted about USD 5bn to various sectors of Afghanistan including construction, capacity building, health, education, agriculture, security and vocational trainings.

Japan also pledged to donate USD 3bn to Afghanistan through 2017 at the Tokyo Conference in July 2012.

Tags assigned to this article:
Hiroshi TakahashiJapan-Afghanistan

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