13-09-2008
Cambodge Soir Hebdo in English
Click here to read the article in French
The American government announced a donation to help Cambodian economic development. The Agreement will be signed during John Negroponte’s visit.
Erin Soto, USAID mission director and Sok An, the Deputy Prime Minister and Minister of the Council of Ministers of Cambodia, will sign an agreement for US$ 26 million on behalf of their respective countries on Monday September 15. The ceremony will be presided over by John Negroponte, the US Deputy Secretary of State and Hun Sen, the Prime Minister of Cambodia. This amount aims at strengthening and developing the Cambodian economy. The US, through their Agency for International Development (USAID) will inject US$ 24 million, whereas the Cambodian government will commit US$ 2 million.
A four-year long agreement, it will facilitate growth. The USAID project for micro-companies and small and medium companies will be strengthened and enlarged to the private sector. The public domain will be included in the programme to guarantee a conducive background for companies and businesses.
USAID, in 2008, plans a US$ 57.5 million budget distributed through different programmes.
Erin Soto, USAID mission director and Sok An, the Deputy Prime Minister and Minister of the Council of Ministers of Cambodia, will sign an agreement for US$ 26 million on behalf of their respective countries on Monday September 15. The ceremony will be presided over by John Negroponte, the US Deputy Secretary of State and Hun Sen, the Prime Minister of Cambodia. This amount aims at strengthening and developing the Cambodian economy. The US, through their Agency for International Development (USAID) will inject US$ 24 million, whereas the Cambodian government will commit US$ 2 million.
A four-year long agreement, it will facilitate growth. The USAID project for micro-companies and small and medium companies will be strengthened and enlarged to the private sector. The public domain will be included in the programme to guarantee a conducive background for companies and businesses.
USAID, in 2008, plans a US$ 57.5 million budget distributed through different programmes.
5 comments:
I can see the CPP dogs wiggling their tales and saliva dropping from their mouth.
The money if to boost the economy not your personal purse you DOGS.
LOL, 10:43am.
You just don't trust them with money anymore.They sure have a bad reputation for stealing money for their own pockets.
All the money will eventually be returned to the good old USA to buy hummers . Its good business for USA
guys remember one thing: Obviously Us is more concerned on the oil to benefit it US economically though far from politically. Look at the oil sources in the world even Kenya, and don't tell me NO US OIL FIRMS OVER THOSE PLACES REGARDLESS ACT AGAINST HUMANITY, EXTREME VOILENCE EXERCISED BY THE OIL-OWN STATES ...BLAH BLAH .....
I hope oil does not bring "CURSE" FOR THIS POOR COUNTRY.
I LOVE KHMER
This is an important step forward in the US-Khmer relations. First of all the visit by a Deputy Sec of State means that the US policy towards the present RGC has turned to a supportive one- really the first time since the so-called coup. Further, the US has stopped giving direct monies to the RGC since that time except for like HIV/Aids programs to the Ministry of Health. So this means that the US is now much more supportive of the current RGC for better or worse.
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