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Saturday, February 4, 2012

US Donates $800m to Afghanistan

The United States Agency for International Development (USAID) has dedicated $800 million to Afghanistan. The US Ambassador to Afghanistan, Ryan Crocker, said that the money will be spent on agriculture, health, training sectors and reconstruction of Afghanistan. "We are signing several important documents today that enforce our long term commitment to the development of Afghanistan and its people," Mr Crocker said. "The documents that we are signing represent more than 8 hundred million dollars of US government funding for the Afghanistan Reconstruction Trust Fund in the health, economic growth, agriculture, infrastructure, education, general projects and stabilization sectors," Crocker added. Meanwhile, the Afghan ministry of Finance said that USAID will donate more than $1b which will be spent by the government of Afghanistan. USAID will increase it's aid from 5 percent to 35 percent through Afghanistan's Reconstruction Trust Fund. "According to the agreement, they will spend money through the government budget," Afghan minister of Finance, Omer Zakhilwal said. "The donations will flow through the Afghanistan Reconstruction Trust Fund." On the other hand, the Afghan Minister of Rural Rehabilitation and Development Jarullah Mansoori said that the US government has donated $540m for the National Solidarity programme.
The United States of America has helped with the construction of two power plants over Helmand River. In the past ten years the country has donated more $30 billion dollars for different sectors in Afghanistan.




TOLONEWS.COM

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