Japan pledges $12m to Arab Spring support fund
- Middle East: Saturday, October 13 - 2012 at 01:58
Japan has announced will contribute $12m over a three-year period to a World Bank fund supporting economies affected by the Arab Spring uprisings, Reuters has reported. "As part of efforts to support the Middle East and North African economies, Japan has pledged $12m over three years for the Mena Transition Fund," said Japanese finance minister Koriki Jojima. The fund was established by the World Bank at the request of The Deauville Partnership, which was launched last year after uprisings in Tunisia, Egypt and Libya ended decades-long dictatorships and protests prompted political reforms in countries such as Morocco and Jordan.
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