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5/22/12

France's Hollande sets conditions on Afghan financing | Reuters

French President Francois Hollande said on Monday France had been asked to contribute a little less than $200 million for long-term funding to Afghanistan, but he signaled there would be no commitments until Paris knew how the money would be managed.

The U.S. administration is unwilling to foot the entire annual bill to maintain Afghan forces after 2014, which is estimated at $4.1 billion, and has been seeking pledges from allies of $1.3 billion, despite austerity measures brought on by Europe's financial crisis.

"We will study the request for funding," Hollande said. "But we have put a condition to it which is to know whether these contributions will be efficiently managed." Germany already has committed $190 million and Britain $110 million


For more: France's Hollande sets conditions on Afghan financing | Reuters

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