WASHINGTON - Pakistan is likely to receive commitments of between $4-6 billion in financial assistance at donor meetings taking place in Tokyo later this week, a World Bank official said Monday. An April 17 donors conference on development assistance for Pakistan, co-hosted by Japan and the World Bank, should generate about $4 billion. The rest would come from a Friends of Pakistan meeting later in the day, said Isabel Guerrero, vice president for South Asia at the bank. A similar projection was made last Friday by Shaukat Tarin, economic adviser to prime minister. Part of that includes money from the $3 billion in interest-free loans to be allocated by the banks International Development Association, or IDA, over the next three years, said Guerrero. She said Pakistan may also be able to qualify again for loans under the International Bank for Reconstruction and Development, or IBRD, for more creditworthy borrowers within the next two years if macroeconomic conditions improve. If theres macroeconomic stability and creditworthiness is built so we can have IBRD lending, that itself has a positive impact on foreign direct investment, Guerrero told a news briefing. Foreign investment into Pakistan has basically stopped due to the global financial crisis and political unrest in the country, she said. Guerrero vowed that the World Bank would support Pakistan in improving its power supplies and investment environment to make best use of the fresh assistance through maximisation of productivity. If there is macroeconomic stability and creditworthiness is built so we can have IBRD lending, that itself has a positive impact on foreign direct investment. The conference will be attended by 27 countries and 16 financial organisations with delegations expected to be represented at ministerial level. The world powers attach great importance to economic stability and security of Pakistan, whose macroeconomic troubles, beginning a couple of years ago due to regional terrorism and internal unrest, were compounded by a combination of international financial crisis and rising oil and food prices. The new assistance will help Pakistan finance budgetary gap for two years as well as continue with its socio-economic development programmes for the poor. Islamabad says it has lost economic activity to the tune of more than $30 billion as a result of its fight against terrorists and ensuing unrest on its border with Afghanistan. Last year, Pakistan entered into an IMF lending programme and the first review of the programme took place just recently. The international community is now prepared to help that adjustment be less stringent by providing fresh money to (help) finance the budget (gap) and social safety nets so that the poor are protected from the crisis. This conference is very important because it signals the support of the donor community to the measures that Pakistan has already taken - its a signal that the stabilisation programme is the one that has credibility with the donor community, Guerrero added. Jointly speaking to the media, a senior Japanese diplomat said Tokyo stands by Pakistan in meeting economic challenges. Hajime Hayashi, economic minister at the Japanese embassy in Washington, saw some strong positive signs of fresh pledges from participating countries and financial institutions. Pakistan is a key country fighting international terrorism and also suffering from macroeconomic crisis under the circumstances it is very important for the international community to support Pakistans efforts for its economic reforms as well as its agenda to fight international terrorism. The Japanese government is hosting the conference as a show of solidarity with Pakistan, he said, adding that the Tokyo conference would be an opportunity for the international community to show their strong and fresh support for Pakistan.