Aid and development

The city hall yesterday received anti-epidemic medical supplies from China to assist the Kingdom in its fight against the coronavirus. ...

The International Fund for Agricultural Development (IFAD), a global finance organisation and a specialised United Nations (UN) agency, has announced plans to work with the Cambodian government to leverage “a programmatic approach” to ease the economic distress and prevent food securit y stresses caused by ...

The International  Monetary Fund (IMF)said that the outlook for some Asia Pacific countries were much brighter, including Cambodia which is forecasted to have a nominal combined GDP projected growth of  1.0 percent this year before surging 8.5 percent next year. ...

A 60-megawatt solar station, supported by a $7.64 million loan from Asia Development Bank (ADB) is scheduled to be built later this year in Kampong Chhnang province, north of Phnom Penh. ...

The World Bank has warned that the significant growth recorded in the construction and real-estate sector, considered one of the country’s economic pillars, could ultimately affect overall growth due to a trinity of unanticipated and now negative factors. ...

Cambodia received seven tons of medical and preventive supplies from China in a bid for the fight of coronavirus disease in the Kingdom. ...

The Asian Development Bank (ADB) has predicted that the real economic growth of Cambodia will reach 2.3 percent this year and will be around 5.7 percent in 2021, according to the newly released report on ADB’s flagship annual economic publication titled, Asian Development Outlook 2020. ...

The World Bank has approved $20 million for Cambodia’s Covid-19 response and its strategic plan to combat the virus. ...

The United States State Department on Tuesday issued a statement noting the US gave $2 million last month for the Kingdom’s fight against COVID-19. ...

Impending COVID-19 health measures and high levels of micro debt pose a serious concern for the approximately 2.4 million Cambodians with a combined outstanding debt of $8 billion, according to a World Bank report released this week. ...

The World Bank has released several urgent recommendations to Cambodia and other countries in the East Asia Pacific, stating governments need to act quickly, cooperatively and at scale to avoid serious financial shock and recession due to the COVID-19 outbreak. ...

Cambodia’s GDP growth this year could drop to its lowest rate in more than a decade, the World Bank projects, with some economic experts warning that the country’s reliance on international markets could slow recovery. ...

The Korea International Cooperation Agency (Koica) will provide $10 million to the Ministry of Education to implement a five-year Home Grown School Feeding project, which will benefit approximately 65,000 students and about 750 farming families. ...

The Ministry of Health has ramped up its preparation to stem the spread of the deadly Covid-19 disease in the Kingdom thanks to help from the Jack Ma and Alibaba foundations which donated 20,000 test kits to the Kingdom. ...

The Japanese and Cambodian governments have inked a financial cooperation agreement for the renovation of National Road 5 spanning 366 kilometres from Kandal province’s Prek Kdam area to Banteay Meanchey province’s Poipet city.​ ...

Japan is providing $310 million in development aid to Cambodia to help bolster the country’s economy. About $42.7 million will be delivered as aid, while the rest will be packaged into soft loans which Cambodia has to repay, but on very favourable terms. ...

In light of Cambodia confirming 91 Covid-19 cases, Germany announced on Tuesday that it will provide €1.5 million ($1,618,000) to help support the Covid-19 Emergency Response Plan in the Kingdom. ...

The World Bank has approved two complementary grants totalling $7.67 million to support social accountability in key public services such as health centres, primary schools, and local administrations in 10 provinces in Cambodia. ...

Preah Ang Duong hospital in the capital on Saturday held a ground breaking ceremony for a new building costing $8million, funded by the Korea International Cooperation Agency, to provide specialised treatment for people with ear, nose and throat problems.   ...

Japanese government has provided grant assistance of nearly US$400,000 to Cambodia, under its Grant Assistance for Grassroots Human Security Projects (KUSANONE Grant). ...

Four provinces yesterday received nearly $400,000 in aid from the Japanese government to construct schools and infrastructure, according to the Japanese embassy in Phnom Penh. ...

Japan has agreed to provide nearly $250,000 in aid for reconstruction and development projects in Kratie and Kampot provinces.​ The commitment was made by Ambassador Mikami Masahiro yesterday at the Japanese Embassy in Phnom Penh. ...

Germany has committed to providing another €3.5 million ($3,841,000) over the next two years to the Halo Trust for landmine clearance in Cambodia in a bid to help the Kingdom reach its landmine-free goal in 2025. ...

China has provided medical supplies to Cambodia in an effort to support the Kingdom in preventing and containing the spread of COVID-19 pandemic.​ ​ ...