Source: Deum Ampil newspaper
Reported in English by Khmerization
China has pledged $712 million in concessional loans to Cambodia for the developments of 11 projects, reports Deum Ampil.
The Chinese pledges were announced by Cambodia's Minister of Finance after the return trip from China on 29th May.
Cambodia had originally applied for $1,300 million ($1.3 billion) in concessional loans to develop and upgrade 11 projects, but China had only agreed to lend only $712 million.
Spokesman for the Ministry of Finance said that the Chinese loans were pledged during a visit of Mr. Aun Pornmonirath, Cambodia's Secretary of State of the Ministry of Finance, to China recently.
Reported in English by Khmerization
China has pledged $712 million in concessional loans to Cambodia for the developments of 11 projects, reports Deum Ampil.
The Chinese pledges were announced by Cambodia's Minister of Finance after the return trip from China on 29th May.
Cambodia had originally applied for $1,300 million ($1.3 billion) in concessional loans to develop and upgrade 11 projects, but China had only agreed to lend only $712 million.
Spokesman for the Ministry of Finance said that the Chinese loans were pledged during a visit of Mr. Aun Pornmonirath, Cambodia's Secretary of State of the Ministry of Finance, to China recently.
6 comments:
hun sen and his government keep borrowing money from other countries to add to his savings account overseas and to build roads, schools , bridges in cambodia under his name to fool people and make them think it's his own money, does anyone know how much cambodia owes the world right now ? and who is going to pay it back ?
Hun Sen doesn't care because the next generations will pay these debts. What i worry is that these money will not go to developments, but go to Hun Sen's and his cronies' pockets.
សូមអានពត៌មានថ្មី ៖
ចរិកមិនគ្រប់ពូជ របស់ជនខ្វះការអប់រំម្នាក់ ដែលប្រើប្រាស់ ៤ ឈ្មោះ ៖ អ៊ីណារិទ្ធ, ឃាដករស៊ីឈ្នួល, តាស៊ីក្លូ, យមរាជ
taking national bugdet to build things around the country and putting your name on it . . you should be ashamed of yourself and your CPP Hun Sen .
Agree with you all comments above 100%! this is exactly what he's doing! by putting his name and fame on it, to win more elections to come foks...
Disagree! Samdach Hun Sen will buy more modernize weapons and modern war ship to protects the seas from pirats....
good job Samdach Techo Hun Sen!!
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