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International donors pledge $16 billion in aid to Afghanistan over four years

Donor nations meeting at a conference on aid to Afghanistan here Sunday pledged $16 billion over the next four years for civilian projects from roads to schools to strengthening rule of law, in exchange for pledges from the Afghan government to combat corruption.

China promises billions in aid, loans to Africa

China's premier pledged $10 billion in concessional loans to African nations and said Beijing would cancel the government debts of some of the poorest of those countries.

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