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US to give Pakistan one bln dlrs in aid

TOKYO, April 17, 2009 (AFP) - The United States will give Pakistan one billion dollars in aid over two years, the US envoy Richard Holbrooke announced Friday as an international donors' conference opened in Tokyo.
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Holbrooke "announced the United States' intent to provide support to the government of Pakistan totalling one billion dollars over a two-year period (2009-2010)", according to a statement by State Department acting spokesman Robert Wood.

Holbrooke, US President Barack Obama's chief point man on both Afghanistan and Pakistan, was joining a one-day meeting of some 30 donor nations to raise what the World Bank hopes will be four to six billion dollars in aid pledges.

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Japan has also pledged aid of up to one billion dollars over the next two years.

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The statement said "the US assistance, which is subject to congressional approval, will support development and social safety net spending to meet Pakistan's short-term needs," as identified by the International Monetary Fund.
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"This one billion dollars is a down payment on President Obama's commitment to support a bipartisan bill in the US Congress, co-sponsored by Senators John Kerry and Richard Lugar, that authorises 1.5 billion dollars in

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