Cambodian PM vows to narrow wealth gap
The expanding gap of living standard between the rural and the urban people could cause instability and this situation must be dealt with immediately, said Cambodian Prime Minister Hun Sen on Tuesday.
"The government expresses the concern for inequity development of the country and it will make the country unstable," he said while launching the World Bank's report called "Sharing Growth: Equity and Development in Cambodia."
The kingdom has enjoyed political and macro economic stability for years and doesn't want instability because it knew the taste in the past years of turmoil, he said.
"Some 80 percent of the Cambodian people live in rural areas, almost unable to join the labor force while the economic growth rate reached nine percent in average since 1999 due to the development of tourism, garment and construction," he said.
Only land and agricultural sectors can help develop the rural areas with sustainability and reduce poverty, so the government will invest more in micro-finance to develop the public sectors to renovate the rural infrastructure and reduce poverty in rural areas, he said.
"Development of rural economy is the key for poverty reduction and the government has tried to prepare the plans for developing rural economy through providing jobs in small and medium enterprise and building relation between city and remote areas," he added.
According to the World Bank, in 2004, only 20 percent of the workers in Cambodia were in paid jobs while the rest were self- employed, and only half of the labor force were in formal economy.
Currently, some 35 percent of the 14 million Cambodian people live below the poverty line.
Source: Xinhua
"The government expresses the concern for inequity development of the country and it will make the country unstable," he said while launching the World Bank's report called "Sharing Growth: Equity and Development in Cambodia."
The kingdom has enjoyed political and macro economic stability for years and doesn't want instability because it knew the taste in the past years of turmoil, he said.
"Some 80 percent of the Cambodian people live in rural areas, almost unable to join the labor force while the economic growth rate reached nine percent in average since 1999 due to the development of tourism, garment and construction," he said.
Only land and agricultural sectors can help develop the rural areas with sustainability and reduce poverty, so the government will invest more in micro-finance to develop the public sectors to renovate the rural infrastructure and reduce poverty in rural areas, he said.
"Development of rural economy is the key for poverty reduction and the government has tried to prepare the plans for developing rural economy through providing jobs in small and medium enterprise and building relation between city and remote areas," he added.
According to the World Bank, in 2004, only 20 percent of the workers in Cambodia were in paid jobs while the rest were self- employed, and only half of the labor force were in formal economy.
Currently, some 35 percent of the 14 million Cambodian people live below the poverty line.
Source: Xinhua
7 comments:
In Cambodia, this is the season to put a magic spell on the ears of the feeders.
In USA, from now on until November 2008, I will hear a lots of good promises and songs from both parties.
After 22 years, he just pretends to be awakening. How many Cambodian have suffered? It's time for more to beg more AID.
Fuck You Ah Hun liar. Even my dog don't want to listen to your fucking blah blah Shit.
AS I SAID OVER AND OVER HUNSEN LOOSE SLEEP EVERYNITE ABOUT PEOPLE REVOLUTION. THAT THE WORRY HE HAS AND AFRAID HE AND HIS FAMILY WILL BE KILLED! SO BROTHERS AND SISTERS START A REVOLUTION NOW! GO UNDERGROUND PICK UP ARMS AND FIGHT UNTIL VICTORY, THAT WILL CHANGE FOR ALL THE BLOODSUCKER REGIME. DON'T BE FEAR LIKE IN THE PAST WAR! TIME TO DO IT IS NOW! STOP TALKING AND INDICTING HUNSEN HERE, NOTHING GOING TO CHANGE, FORGET ABOUT ELECTION, THEY WILLBE CHEATED BY HUN SEN OVER AND OVER AGAIN NO MATTER HOW MANY PEOPLE VOTE HIM OUT HE'LL STILL A WINNER BY CHEATING THE BALLOT, PEPOLE REVOLUTION IS THE ONLY WAY TO GO, FUCK SAM RAINSY THAT DUMB ASS IS A WASTE OF TIME!YOU ONLY HAVE 2 CHOICE FIGHT OR LET HUN SEN RULE FOREVER. IF YOU CHOOSE THE LAST ONE THEN STOP POSTING YOUR NON-HEARING AND NON-ACTION OPINION HERE, IT IS JUST THE GARBAGE!
The guy pretends to be concerned about social inequality for the benefit of the donors, flies to Tokyo, is told about the $600 million Cambodia will get and he can fart into the faces of the donors for the rest of the year and uses the same trick next year.
1:42PM here is the play to post comment, inform each other about what we know and express our filling.
You are the one who should go away if you don't like to read and write!
I can feel another round of rices and gifts distribution to dirt poor Cambodian people for their vote.ahahahahhahaah!
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