Senate ratifies record draft budget law

6 December 2011
The Cambodia Daily
Banking and financial services / Budget / Economy and commerce / Government / Law and judiciary
Agriculture & Agri-business / borrowing / Budget / Commerce / Debt / defence / defense / draft budget law 2012 / Economics / foreign lenders / industry / National Assembly / security / Senate / social affairs / Updated Development Strategic Planning 2009-2013

The Senate yesterday spent just 90 minutes ratifying the record $2.6 billion budget law for 2012, which will allow the government to borrow up to $1.1 billion from foreign lenders, according to a Senate statement…

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