News
Cambodia seeks 1.7 billion SDR loan for development projects
Cambodia has unveiled ambitious plans to secure a loan of 1.7 billion in Special Drawing Rights (SDR), or $2.3 billion, in 2024 for the development of key sectors. ...
Thang Sinorn
https://kiripost.com/stories/cambodia-seeks-17-billion-sdr-loan-for-development-projects
$240M IMF allocation on way to Kingdom
Cambodia will receive about $240 million out of the International Monetary Fund’s (IMF) largest-ever distribution of Special Drawing Rights (SDR), equivalent to some $650 billion, which came into effect on August 23. ...
May Kunmakara
https://www.phnompenhpost.com/business/240m-imf-allocation-way-kingdom
Gov’t to spend $8.2 billion this year
The government will spend more than $8 billion and take out $2 billion in foreign loans this year, according to the 2020 National Budget Law, which was made public on Tuesday after being signed off by King Norodom Sihamoni. The government will spend some $8.196 ...
Mech Dara
https://www.phnompenhpost.com/national/govt-spend-82-billion-year
