TOKYO, Sept 29: Japan pledged a billion dollars in grant aid for poverty-stricken nations in Africa on Monday at the start of a major conference on development issues.

Japanese Premier Junichiro Koizumi told the conference that the money would go towards meeting basic human needs and promote economic growth.

“Without economic growth, poverty cannot be reduced,” Mr Koizumi said, adding that Japan would place particular emphasis on efforts to improve agricultural productivity.—Reuters

Opinion

Editorial

A new chokepoint
Updated 24 Jul, 2026

A new chokepoint

WITH free transit of vessels through the Strait of Hormuz blocked due to the US-Iran conflict, a new chokepoint has...
Improved rating
24 Jul, 2026

Improved rating

S&P GLOBAL’S decision to upgrade Pakistan’s long-term sovereign credit rating to ‘B’ with a stable...
More firetraps
24 Jul, 2026

More firetraps

WHILE it was already apparent that death traps dot Karachi, a safety audit by the Sindh government has thrown up...
De-escalation efforts
23 Jul, 2026

De-escalation efforts

WHILE the exchange of fire across the Gulf — and the wider Middle East — continues between the US and Iran,...
Time to integrate
23 Jul, 2026

Time to integrate

PAKISTAN remains one of the least regionally integrated economies in Asia. The trade figures for the last fiscal ...
Modi unnerved
23 Jul, 2026

Modi unnerved

DISCONTENT is visible in India. Delhi has been on the boil since last month. As thousands took to the streets ...