Friday, October 21, 2011

Cambodia: Loan from China

Koh Santepheap today publish a piece of information regarding PM Hun Sen returning from a trip to China and he announces that China had approved a loan of  US$500 million for Camodia development. This is in addition to fund donated for flood relief.

What happened to regular annual doners contribution?

In an interview with Khmer Post Radio, Oct 20, Mr. Men sothavarin from the SRP states that there was pressure from World Bank and Asia Development Bank that are behind the postponement of the doners meeting planned for 24-25 November later this year. Cambodian Finaces Minister says that it is because of the world economy crisis.

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