ISLAMABAD, May 18 (APP): The government of Japan would provide 2 billion Japanese Yen (about US$20 million) to Pakistan as Non-Project Grand Aid (NGPA) for the year 2009. An agreement in this regard was signed by Ambassador of Japan, Chihiro Atsumi and Secretary, Economic Affairs Division, Farrakh Qayyum on behalf of their respective governments.
The NGPA is used by developing countries in order to supplement economic structural adjustment efforts and overcome economic disparities and difficulties.
Speaking on the occasion, Farrakh Qayyum appreciated the role of Japan for extending all out support to Pakistan and for hosting the Friends of Democratic Pakistan and Doners conferences which he said were great success for Pakistan.
He said that Pakistan values Japan’s assistance in the fields of education, health, energy, environment, disaster management in general and for this grand particular.
He said that the Japanese assistance in economic cooperation has played a key role in the development of social sector with specific focus on human resource development and poverty reduction.
For more on this article, please click on the following link: Japan provides $20 mln assistance to Pakistan: APP
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