PARIS (PTI): The western donors and multilateral financial institutions pledged six billion dollars to meet Indias “continued need of high quality long-term development assistance for the year 1994-95.
The assistance pledged this year at the annual aid India consortium meeting restructured this year as India development forum unlike in previous years did not include fast disbursing assistance which the Indian delegation told the donors was no longer required inline wit Indias redefined Strategy of becoming a “discerning and discriminating borrowed of quality assistance to maximize soft loans.”
Article extracted from this publication >> July 8, 1994
