Cambodia to reduce foreign debt
The government plans to reduce its foreign debt and raise capital through the issuance of bonds, a representative of the Ministry of Economy and Finance has unveiled. “Increasing local borrowing instead of foreign borrowing will improve the country’s trade balance and current account,” said Vong Seyvisoth, Secretary of State at the Ministry of Economy and Finance, during a forum on the national budget for the year 2018 held yesterday. …
Chea Vannak
http://www.khmertimeskh.com/50102229/cambodia-to-reduce-foreign-debt/
