World Bank fund halt irks officials

THE government expressed disappointment yesterday with the World Bank’s announcement that it had halted new country loans due to the ongoing land dispute at Boeung Kak lake in Phnom Penh and vowed to raise the issue with the bank’s executive board. “We are very dissatisfied with the World Bank’s decision because we are partners on several projects,” Phay Siphan, spokesman for the Council of Ministers, said yesterday,  referring to the 21 projects the bank now funds in the country. “Each programme is an agreement the two parties have made with each other. No one has a right to breach these contracts.” (Don Weinland and Kouth Sophak Chakrya, p 1).

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