Shocking Kabul: India Pledges $1 Billion Aid To Afghanistan Before Donor Meeting :- During the visit by Afghan President Ashraf Ghani to New Delhi on Wednesday, India promised $1 billion in aid to Afghanistan making a down payment on reform and stabilisation ahead of a major donor conference next month.
Prime Minister of India Narendra Modi issued a statement after meeting Ghani and pledged the financial help to back India’s abiding support for a sovereign, democratic, peaceful, stabe, unified, and prosperous Afghanistan.
Both leaders expressed grave concern at continued use of violence and terrorism in the region for achieving political aim – a veiled reference to Pakistan. Pakistan always denies sponsoring terrorism.
In a speech to Institute for Defence Studies and Analysis, Ghani said that 40 years of violence and terrorism would have broken any other country.
The former World Bank official said that while armed conflict posed a great threat, it was also vital to build market institutions that could lift living standards in a nation where 70 percent of people live on less than $2 a day.
Afghanistan and European Union(EU) will host a donor conference on 5th October 2016 in Brussels . The conference will be attended by 70 states and 30 international organisations and agencies, to seek backing for reforms to develop and stabilise the Central Asian country.