Wednesday, February 20, 2008

Hun Sen thanks ADB for loans that Cambodians will have to pay back for several generations to come


(From top) Prime Minister Hun Sen (center) witnessing agreement signing by ADB President Haruhiko Kuroda (left) and Finance Minister Keat Chhon (right) on 18 February; Haruhiko Kuroda and Keat Chhon exchanging documents; Hun Sen and Haruhiko Kuroda at talks after the signing ceremony (Television Kampuchea, 18 Feb)

Cambodian PM Thanks ADB President for Cambodia Development Funds

19 Feb 08
Television Kampuchea (TVK)

On 19 February, Cambodian Government-run Phnom Penh Television Kampuchea in Cambodian at 0600 GMT carried a video report, following its midday newscast, on Cambodian Prime Minister Hun Sen "witnessing the signing between His Excellency [HE] Keat Chhon, state minister and minister of Economy and Finance, and HE Haruhiko Kuroda, president of the Asian Development Bank [ADB], at the Foreign Ministry on the afternoon of 18 February of five agreements on cooperative financing projects, with a total amount of US$82.7 million," to repair and restore National Road 33, finance development programs, improve road infrastructure, and promote education and rural development in the Tonle Sap region.

The announcer says that after the signing ceremony, Prime Minister Hun Sen held "cordial working talks" with ADB President Haruhiko Kuroda. He said the "objectives of the five agreements we have signed have not only contributed to restoring and improving physical infrastructures in a variety of sectors, but developing social infrastructures in Cambodia as well. It is not just that, the five agreements also have the definite goal of contributing to reducing poverty" and achieving Cambodia's "development goals set in the 2006-2010 national development strategic plan."

The announcer says that on behalf the Royal Government of Cambodia and Cambodian people, Hun Sen "profoundly thanked the ADB for having provided funds for the development of Cambodia's economy so far." He added that the RGC was determined to use the credit with "most transparency and efficiency and to the targets."

The announcer says that for his part, Haruhiko Kuroda "highly acclaimed and extolled Cambodia's economic growth," saying the ADB would "further consider all sorts of possibilities to continue to provide funds for restoring and redeveloping Cambodia's economy."

3 comments:

Anonymous said...

Hun Sen have to realize that a loan is a loan and as loan we, Cambodians, have to pay back whether by Hun Sen government or Cambodian government after Hun Sen. It was idiot for the next Cambodian government to claim it's not obligated to pay the debt based on the fact that the loan agreement was signed by the Hun Sen government. To be trustworthy and earn the respect of other countries Cambodia need to take responsibilities by honoring debt incurred by the previous government.

Anonymous said...

Hun Sen is accompanying president of ADB and broadcast as much as possible for his only one reason is to win the vote from Cambodian peoples.

But in reality, it is a lie, it is normal game for him to manipulate Cambodian peoples.

KY

Anonymous said...

My beloved Khmers!

When did Hun Sen initially care about the nation of Kampuchea and the people of Khmers, as long as he is still in power and having more money!Ironically, he should think and question himself, if one day he will eventually lose his ultimate power, what will be happened to his rotten money and himself? Only God might be knew the real answer?