Indonesian Political, Business & Finance News

23 pledge cash for ESCAP

23 pledge cash for ESCAP

BANGKOK (AFP): Twenty-three member states of the United
Nations Economic and Social Commission for Asia and the Pacific
have pledged US$13.77 million for ESCAP projects in 1995, ESCAP
announced Saturday.

ESCAP Executive Secretary Adrianus Mooy of Indonesia, opening
an annual pledging conference on Friday, said ESCAP was re-
orienting its work program and putting more emphasis on technical
cooperation activities.

An ESCAP statement said that 18 developing nations joined five
developed countries (Australia, France, Japan, the Netherlands
and New Zealand) in pledging the $13.77 million for the work
program, regional institutions and special regional projects.

In addition, the German government has approved four projects
for ESCAP which will boost total pledges for 1995 to slightly
more than the $14.3 million contributed in 1994, the statement
said.

Other contributions by member countries to the Coordination
Committee for Offshore Prospecting of Mineral Resources (CCOP),
the Asian and Pacific Development Center (APDC) and the Typhoon
Committee were not reflected in the pledges announced, the
statement added.

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