Monday, April 02, 2012

ADB chief hails Cambodia's strong growth, rapid development [... at what cost, STUPID Kuroda?]

ADB's Kuroda forgets that the strong economic growth and fast social development come with a heavy price to Cambodians: FORCED EVICTIONS abound under Hun Xen's regime!!!
PHNOM PENH, March 30 (Xinhua) -- Asian Development Bank (ADB) President Haruhiko Kuroda hailed Cambodia for its strong economic growth and fast social development when meeting with Cambodia's Prime Minister Hun Sen on Friday.

His said that Cambodia's 7 percent GDP growth last year was a remarkable amid the global economic uncertainties and European debt crisis.

On the ASEAN economic side, Kuroda said that the bloc's GDP was envisaged to see sustainable growth in coming years thanks to the bloc's financial cooperation and solidarity.

Cambodia's GDP had grown 7 percent last year, or 13 billion U.S. dollars. The country has forecast the same growth rate this year.


During the meeting, Hun Sen expressed gratitude to the ADB for its technical and financial assistance to Cambodia, saying the aid was very important for the country's development.

He expressed hopes that the ADB would further provide financial assistance to Cambodia for infrastructure development in order to connect the kingdom locally and regionally.

Kuroda is in Cambodia for the 16th ASEAN Finance Ministers Meeting scheduled on Friday.

1 comment:

Anonymous said...

First: Do not believe the words coming out from Saddam Hun Sen's mouth. The CPP always have the tendencies to lie and exaggerate their glories. Second, a large amount of money from donors including loans will be stolen by him and his CPP thugs. They are the biggest thieves in the country. They have been looting and stealing from the country during the last 30 years. The evidence is obvious and plenty!