Tuesday, December 02, 2008

It's that time of the year again: Begging season is now open

Cambodia to negotiate for international aid

02 December 2008

By Ky Soklim
Cambodge Soir Hebdo
Translated from French by Tola Ek
Click here to read the article in French

Representatives of donor countries and the Cambodian government will meet in Phnom Penh between 3 and 6 December. On the agenda: negotiation on the amount of aid and loan granted for the 2009 fiscal year.

Development partners and government officials will hold a three-day-meeting on the council for the development of Cambodia, at the government palace building. This yearly meeting allows the various partners to evaluate the needs, the development perspectives and to examine the efficiency of the management for the funds and the cooperation provided.

Since 1993 and since the holding of the first general election, the government received $500 million each year to help the country in its reconstruction and development. In 2008, $690 million in aid was provided in term of donations and loans. According to Cheam Yeap, the chairman of the National Assembly economy and finance committee, “International aid allows Cambodia to reduce poverty. We hope to obtain about the same amount of funding in 2009 as that of last year.” However, in view of the worldwide financial and economic crisis, some economists are doubtful about the possibility of obtaining such amount from the donors.

On the other hand, opposition parties and several NGOs demand for an end to international aid. According to the latter, the solution to the country development must go through a more efficient tax collection and an intensified fight against corruption. Therefore, according to the opposition and the NGOs, it is up to the government to act.

2 comments:

Anonymous said...

Win-Win solution...
they give money for CPP to erase
the peasant's populations...

Anonymous said...

i think cambodia is better now than when it used to have class status, elitists, etc. that mistreat its own people, that look down on its poor, disadvantaged peoplel, that ignored its poors, etc... now it should be about the rule of law and education like in the USA's society. god bless cambodia.