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Review of Preparations for Tokyo Conference

in Afghan Business

Review of Preparations for Tokyo Conference

Ministry of Finance has made preparations for next month’s Tokyo Conference. The preparations were reviewed by representatives from 70 countries and organizations in a meeting held on Friday.

Japan’s Special Representative for Afghanistan and Pakistan Ambassador Tadamichi Yamamoto and officials from 70 other countries and organizations took part in the deliberations.

The Tokyo conference, slated to take place in Japan in July, seeks for international assistant post 2014 for Afghanistan’s infrastructure and development projects.

Finance Minister Omar Zakhilwal would present details of a list of projects including 22 different programs to the conference. The projects’ implementation is expected to cost USD 5 billion on 2015 alone. The 22 programs are aimed at Afghanistan’s sustained economic growth, expanding domestic revenue sources and promoting employment opportunities.

Mohammad Amin Habibi, policy chief at the Ministry of Finance, said that the world community would be urged to allow the flow of aid through the government. According to a recent survey, aid projects implemented through the government have been far more effective and well executed compared to those carried out by foreign organizations.

Mr. Yamamoto appreciated the list of projects that would be presented by Minister of Finance at the Tokyo Conference and he hoped they would be welcomed by the international community.

The policy chief added that the Afghan government would continue to hold meetings with relevant countries until Kabul’s demands and the global fraternity’s aid pledges were met.

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