Aid and development

Multilateral development assistance

ADB praises Cambodia for public debt management

Eric Sidgwick, Country director of the Asian Development Bank (ADB) to Cambodia applauded Cambodia for managing it’s, sometimes problematic, public debts. During the Wednesday meeting with Deputy Prime Minister, Sok An, Eric Sidgwick said, good management led to the positive changes of donations and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDQ1NmJhNTk1M2V

Government Asks for Asian Development Bank's Help on Railway

The government yesterday asked the Asian Development Bank (ADB) to continue to help Cambodia’s troubled railway rehabilitation project, which is in desperate need of more funding in order to complete the network’s northern line. Foreign Affairs Minister Hor Namhong met with the ADB’s recently appointed country ...

http://www.cambodiadaily.com

ADB to provide 230 mln USD to Cambodia for development projects

The Asian Development Bank (ADB) on Thursday signed up to provide 230 million U.S. dollars to Cambodia for six development projects, aiming at promoting inclusive growth and reducing poverty in Cambodia, according to the bank’s media statement. The financing agreements were inked between Eric Sidgwick, country ...

http://news.xinhuanet.com/english/world/2013-01/17/c_132109387.htm

World Bank Tight-Lipped on Resumption of Financial Assistance

The World Bank has declined to say whether it will resume providing financial assistance to Cambodia, despite a bank official allegedly telling anti-eviction protesters last week that the organization planned to do so next year. In August 2011, World Bank country director for Southeast Asia Annette ...

http://www.cambodiadaily.com

ADB announces 3-year pipeline to boost develpment in Cambodia

The Asian Development Bank (ADB) on Tuesday unveiled its new three-year assistance plan of 525 million U.S. dollars to Cambodia in order to help the country reduce poverty, promote growth and mitigate climate change, the bank said. The plan for 2013-2015 marked the bank’s strategic focus ...

http://news.xinhuanet.com/english/world/2012-12/18/c_132048224.htm

Corridor towns to see $37 million in ADB loans

Battambang, Bavet, Neak Loeung and Poipet are among several towns that will benefit from a $37 million loan from the the first quarter of next year after funding was approved at the 18th Greater Mekong Sub Region (GMS) meeting in Nanning, China. The loan comes from ...

http://www.phnompenhpost.com

Cambodia Moves Up in World Bank Report

Cambodia rose five places to rank 133rd out of 185 countries in the World Bank’s annual Doing Business report released yesterday, with the bank attributing the rise for the most part to the successful launch of the country’s credit bureau. Compared to other countries in the ...

ADB cites weaknesses of microfinance sector

THE PHILIPPINES is one of the leading countries in microfinance policy and regulation in Asia but it still lags in terms of scale and reach to the poor, the Asian Development Bank (ADB) said. “Of the 21 countries with ADB support during 2000-2010, ADB’s efforts were ...

http://www.bworldonline.com/content.php?section=TopStory&title=ADB-cites-weaknesses-of-microfinance-sector&id=60230

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