3rd International Humanitarian Pledging Conference for Syria announced 3.8 billion US dollar aid [ Current Affairs ]
The global community pledged financial support of 3.8 billion US dollars to crisis hit Syria at the third International Humanitarian Pledging Conference for Syria held in Kuwait city. The United Nations (UN) organizations and partners to meet urgent needs of victims of Syria’s civil war and neighboring countries with the help of financial aid.
- 71 percent of the 1.5 billion dollars pledged were received, while in 2014, only 58 percent of 2.3 billion dollars promised were received in 2013.
- Kuwait’s Emir Sheikh Sabah al-Ahmad (300 million US dollars), the European Union (1 billion US dollars), the US (507 million US dollars), the United Arab Emirates (100 million US dollars) and Saudi Arabia (60 million US dollars) are Major donors.
- The amount pledged at the third conference is nearly equal to the 3.9 billion dollars pledged at the first and second conferences held in Kuwait in 2013 and 2014 respectively and the global community has also set 8.4 billion US dollars as the target for 2015.
- The UN Secretary-General Ban Ki-moon observed that due to civil war, four out of five people in Syria were living in poverty, misery and deprivation and that the country had lost nearly 40 years of human development in the conference.
- Published on: April 6, 2015