Debt Moratorium to Rescue Bankrupt Farmers Victims of World Financial Crisis

February 18, 2009
Source: SRP

DEBT MORATORIUM TO RESCUE
BANKRUPT FARMERS VICTIMS OF WORLD FINANCIAL CRISIS

On February 16, opposition Members of Parliament including Sam Rainsy (SRP) and Kem Sokha (HRP) wrote to Prime Minister Hun Sen requesting the Government to take appropriate and urgent measures to rescue heavily indebted farmers who are currently victims of the sharp fall in agricultural prices as a result of the world financial crisis, so as to prevent farmers' lands/properties from being seized by bankers and other creditors.

A debt moratorium is recommended.

Full letter in Khmer at http://tinyurl.com/avtowe
Full translation in English at http://tinyurl.com/cscrgd