By San Suwidh
Radio Free Asia
Translated from Khmer by Socheata
Click here to read the article in Khmer
According to a quote of local news media by the Chinese news agency, Keat Chhon, the minister of Economy and Finance, said that the Cambodian economy will not be affected by the world financial crisis, and that in 2009, the economy will grow by about 7%.
Keat Chhon said that the government will provide $20 million to the Rural Development Bank to purchase rice from farmers for export. This measure will help maintain the price of rice for farmers, and it will also prevent contraband export of rice to neighboring countries.
He added that the government is preparing $1 million in fund for micro-credit lending by small familial-size enterprises.
Furthermore, Keat Chhon indicated also that $6.6 million will be spent for job training for about 40,000 factory workers who lost their jobs, especially for garment workers.
Keat Chhon said that the government will provide $20 million to the Rural Development Bank to purchase rice from farmers for export. This measure will help maintain the price of rice for farmers, and it will also prevent contraband export of rice to neighboring countries.
He added that the government is preparing $1 million in fund for micro-credit lending by small familial-size enterprises.
Furthermore, Keat Chhon indicated also that $6.6 million will be spent for job training for about 40,000 factory workers who lost their jobs, especially for garment workers.
4 comments:
it doesn't matter how much economy is growing on the paper , as long as millions of people out there are still out of work and hungry and some of them even die by starvation , there is no good sign for the government to brag about it .
economic growth while Khmer people are not growing wealthy and healthy. Such growth benefiting small percentage of the population.
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Fucken Kiet Choun mother fucker! khmer people still can't afford electricity in the rural area right now, at least vietnam govt can provide their poor people with electricity in the rural area, not like cambodia!! economy growth inside his pocket only....fucken olfart mother fucker!!
Hun sen is right???????
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