Sunday, February 1, 2009

Japan to provide US$17b in aid for Asia


Japan to provide US$17b in aid for Asia
01-02-2009

The Japanese prime minister, Taro Aso, says Japan is willing to provide an additional 17 billion US dollars in development aid for Asian countries to try to stimulate their economies. Speaking at the world economic forum at Davos in Switzerland, Mr Aso said the funding for infrastructure projects was intended to help promote regional growth during the global downturn.

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