Identifier
Created
Classification
Origin
09SEOUL993
2009-06-22 06:55:00
UNCLASSIFIED
Embassy Seoul
Cable title:  

ROK'S TOKYO DONOR CONFERENCE PLEDGE PLAN FOR

Tags:  EAID EFIN PK KS 
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VZCZCXRO5475
PP RUEHLH RUEHPW
DE RUEHUL #0993 1730655
ZNR UUUUU ZZH
P 220655Z JUN 09
FM AMEMBASSY SEOUL
TO RUEHC/SECSTATE WASHDC PRIORITY 4787
INFO RUEHIL/AMEMBASSY ISLAMABAD PRIORITY 0752
RUEHKP/AMCONSUL KARACHI PRIORITY 0017
RUEHLH/AMCONSUL LAHORE PRIORITY 0004
RUEHPW/AMCONSUL PESHAWAR PRIORITY 0109
UNCLAS SEOUL 000993 

SIPDIS

STATE FOR SCA AND S/SRAP

E.O. 12958: N/A
TAGS: EAID EFIN PK KS
SUBJECT: ROK'S TOKYO DONOR CONFERENCE PLEDGE PLAN FOR
PAKISTAN

REF: SECSTATE 61218

UNCLAS SEOUL 000993

SIPDIS

STATE FOR SCA AND S/SRAP

E.O. 12958: N/A
TAGS: EAID EFIN PK KS
SUBJECT: ROK'S TOKYO DONOR CONFERENCE PLEDGE PLAN FOR
PAKISTAN

REF: SECSTATE 61218


1. In response to reftel, Ham Jeong-han of the Development
Cooperation Division on June 19 said that from the ROK's
total USD200 million pledged at the Tokyo Donor Conference,
USD80 million in soft loans and USD3 million in grant aid are
scheduled for release in the 2009-2010 fiscal year, but the
release cannot occur until after a ROK-Pakistan meeting where
they will select the projects for funding. Ham said the
ROK-Pakistan meeting likely would occur in September, at the
earliest. The Ministry of Foreign Affairs and Trade (MOFAT)
and the Korean Overseas International Cooperation Agency
(KOICA) will administer the grant aid, while the Ministry of
Finance and Planning will administer the soft loan aid.


2. The ROK's pledge is structured in the following way:

-- Total Amount: USD200 million

-- Characteristics: USD180 million soft loan; USD20 million
grant aid

-- Yearly plan:
2010: USD83 million (USD80 million soft loan/USD3 million
grant aid)
2011: USD67 million (USD60 million soft loan/USD7 million
grant aid)
2012: USD50 million (USD40 million soft loan/USD10 million
grant aid)

-- Grant aid priority assistance areas: human resources
development, education, health, and government capacity
building

-- Projects for both grant aid and soft loans are selected
jointly.
STEPHENS

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