Pakistan Gets $3.4B in New Quake Aid
aid or loan.. only time will tell !
The world pledged a whopping $3.4 billion in new quake aid for Pakistan at a make-or-break donor conference Saturday, but aid groups warned that much of the promises were loans that will heap more debt on the impoverished country.
Pakistan nonetheless hailed the conference as a success, with President Gen. Pervez Musharraf thanking the nearly 80 attending nations and international agencies for “helping Pakistan in this hour of need.” He said the gesture “will never be forgotten.”
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