Growth in Japan’s Foreign Aid Budget May...
Growth in Japan’s Foreign Aid Budget May Slow: Japan’s foreign aid budget--recently the world’s largest--looks doomed to slower growth in 1991, but a weaker dollar may help the nation meet its commitment to spend $50 billion between 1988 and 1992, Foreign Ministry officials said. As the national budget nears a Dec. 29 deadline, official development assistance has so far won only a 5.8% increase from the Cabinet in negotiations, well below the 8.2% increase in the 1990 budget, a senior aid official at the Foreign Ministry said.
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