Improvements for banks after budget

Improvements to Cambodia’s banking and finance sector are expected to come about as a result of the 2013 national budget, a Council of Ministers spokesman said. “We will dedicate resources to ensuring macro-economic stability,” spokesman for the Council of Ministers, Phay Siphan said. … These measures, in conjunction with an early warning system will be put in place as a measure to ensure the banking system does not collapse, will be “a firewall to protect Cambodia from what’s happening overseas”, Siphan said.

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