Sat Jul 7, 2012, 10:36 AM

FarCenter (13,081 posts)

Donors 'to pledge $16 bn for Afghanistan'

Source: Google - AFP

TOKYO — Donors at a major development conference for Afghanistan will pledge total aid of more than $16 billion for four years to 2015, Japanese Foreign Minister Koichiro Gemba said Saturday.

Japan, which will co-chair the one-day conference on Sunday with Afghanistan, will provide up to $3 billion for the five years to 2016, in addition to $1 billion for the war-torn nation's neighbouring states, he said.

The total pledge of more than $16 billion will include part of the aid to be declared by Japan, he said.

...

After more than 30 years of war, the Afghan economy is weak and the country cannot survive without foreign aid. According to the World Bank, spending on defence and development by donors accounted for more than 95 percent of GDP in 2010-11.

Read more: http://www.google.com/hostednews/afp/article/ALeqM5jZlXzy1JxqOkzwYUMC30UBwPL09Q?docId=CNG.94f3b9267f7fdd1fb024c4fb38c618c8.341

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7 replies	Author	Time	Post
Donors 'to pledge $16 bn for Afghanistan' (Original post)	FarCenter	Jul 2012	OP
let the bush family subsidize the effort, it is all their fault nt	msongs	Jul 2012	#1
Because the billions we spend through the military there doesn't do shit for the country.	gtar100	Jul 2012	#2
Good, I hope they use it wisely.	Uncle Joe	Jul 2012	#3
These pledges will be long forgotten before they are ever make good.	xtraxritical	Jul 2012	#4
Afghanistan	magic59	Jul 2012	#5
It's just money down the drain.	Brigid	Jul 2012	#6
"Aid" is a meaningless word. Loans with usurious rates and onerous "conditions" are considered aid.	entanglement	Jul 2012	#7

Response to FarCenter (Original post)

Sat Jul 7, 2012, 01:29 PM

msongs (30,517 posts)

1. let the bush family subsidize the effort, it is all their fault nt

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Response to FarCenter (Original post)

Sat Jul 7, 2012, 03:45 PM

gtar100 (2,532 posts)

2. Because the billions we spend through the military there doesn't do shit for the country.

What are we there for now anyway. It's just a money pit for taxpayer dollars. It's lost its meaning of "freedom" and "helping the people" a long time ago (if there was any sincerity to those words in the first place).

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Response to FarCenter (Original post)

Sat Jul 7, 2012, 04:04 PM

Uncle Joe (24,997 posts)

3. Good, I hope they use it wisely.

Thanks for the thread, FarCenter.

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Response to FarCenter (Original post)

Sat Jul 7, 2012, 06:34 PM

xtraxritical (2,978 posts)

4. These pledges will be long forgotten before they are ever make good.

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Response to FarCenter (Original post)

Sat Jul 7, 2012, 07:22 PM

magic59 (429 posts)

5. Afghanistan

the gift that keeps on taking, thanks to bush and his war profiteering buddies.

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Response to FarCenter (Original post)

Sat Jul 7, 2012, 11:10 PM

Brigid (10,565 posts)

6. It's just money down the drain.

Afghanistan is a hopeless case.

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Response to FarCenter (Original post)

Sun Jul 8, 2012, 12:11 AM

entanglement (3,615 posts)

7. "Aid" is a meaningless word. Loans with usurious rates and onerous "conditions" are considered aid.

"Conditions" are typically the enforced sale of an impoverished nation's resources to global corporates. In return, local crooks receive a cut or siphon off the "aid" money to private bank accounts in Switzerland or similar havens for looted money.

The already impoverished people of Afghanistan and their children will be paying off this "aid" while western financiers, Karzai and the drug lords make merry.

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