Germany provides 64 mln USD to Cambodia for development projects

The German government on Wednesday signed up to provide 64 million U.S. dollars to Cambodia for two-year projects in health, rural development, governance reform, and education. … According to a press release after the signing ceremony, 27 million U.S. dollars would be allocated to health, 26.5 million U. S. dollars to rural development, 5.5 million U.S. dollars to governance reform, and 5 million U.S. dollars to study and research. “The aid will contribute to helping the Cambodian government in its deep reform strategy which focuses on good governance and anti- corruption,” said Cheang Yanara. … Since the establishment of the Cambodia-Germany diplomatic ties in 1960, Germany has provided 412 million U.S. dollars in development aid to Cambodia, the press release said.

Global Post News Staff