Mongolia received $335 million in pledges for next year at an international donors' meeting that ended Friday in Tokyo, allowing it to shift its focus to longer-term development from economic transition, organizers said.

As the largest single donor among the 16 countries and 14 international organizations at the meeting, Japan pledged 4.6 billion yen (about $42.2 million) in grants, including 1.8 billion yen in technical assistance, a Japanese official said.

During the three-day meeting, the seventh of its kind hosted by Japan, the donors noted that the impact of bilateral and multilateral aid has been less than expected in reducing poverty and sustaining growth of the Mongolian economy.

Attributing the results to a lack of coordination among donors and the government's limited capacity to effectively utilize assistance, the donors urged Mongolia to take the lead in coordination.

The donors also stressed the importance of settling the country's debts incurred before 1991 in a prudent manner and continuing to be cautious in contracting new debt.

They also agreed that Mongolia's level of debt continues to be manageable.

Under its 1992 Constitution, Mongolia broke away from socialism and has since promoted the transition from the centrally planned economy to a market economy.