Showing posts with label ADB grant. Show all posts
Showing posts with label ADB grant. Show all posts

Friday, June 20, 2008

Farmer Poverty Reduction Reviewed

By Heng Reaksmey, VOA Khmer
Original report from Phnom Penh
19 June 2008



Officials from the Ministry of Agriculture and other government offices met Thursday to discuss the progress of an Asian Development Bank grant aimed at raising Cambodian farmers out of poverty.

The Japan Fund for Poverty Reduction, a $1.8 million, five-year program financed by the Japanese government, seeks to give farmers more access to technology, infrastructure and other agricultural resources.

The program targeted impoverished farmers in five provinces in southern Cambodia.

Farmers from 14,200 families have seen changes in their living conditions thanks to the program, said Yong San Koma, president of the Cambodian Center for Study and Development in Agriculture.

"Among those families, about 80 percent earned from 1.4 million riel per year to 2.6 million riel per year," he said.

Farmers earned money by producing rice, raising chickens, pigs and vegetables for sale in local markets and joining community savings programs.

Thursday's workshop was a discussion of the results of the program, where district authorities "learned a lot," Yong San Koma said, because they were shown surprising ways that farmers increased their livelihood.

The government now has a strategy to work with farmers to help them bring their goods to market, Yong San Koma said. The money they earned is recycled into the community, he said. Such earnings will reduce the government's dependence on donor countries.

The organization is planning courses for the younger generation of farmers to pass on their knowledge to others, he said.

Thursday, December 06, 2007

ADB to provide Cambodia 31.7 mln usd for financial system, infrastructure

12.06.07

MUMBAI (Thomson Financial) - The Asian Development Bank said it is providing a 10 mln usd loan and a 1.7 mln usd grant to assist Cambodia in the development of a sound, efficient and market-oriented financial system as part of efforts to sustain economic growth and eradicate poverty.

The ADB said the programme will support the Cambodian governments continued efforts to strengthen the financial sector by promoting legal and regulatory reforms, capacity building, improved disclosure standards and financial transparency, and the establishment of key financial infrastructure.

In a separate release, ADB said it is providing 20 mln usd to develop and upgrade infrastructure and improve livelihood opportunities in Tonle Sap, the most impoverished region in Cambodia.

The Tonle Sap Lowlands Rural Development project will be funded by a 10.1 mln usd loan and 9.9 mln usd grant from the ADB while Cambodia will provide 3 mln usd with the project beneficiaries contributing 1 mln usd to complete funding for the project, the bank said.

The bank said the project will improve rural infrastructure to move products of the region to market, distribute agricultural inputs and improve farm yields by providing new irrigation facilities and improving existing ones.

Wednesday, November 28, 2007

ADB extends 27.1 mln usd grant to enhance secondary education in Cambodia

11.27.07

MUMBAI (Thomson Financial) - The Asian Development Bank (ADB) said it is extending a 27.1 mln usd grant to help improve the quality of secondary education in Cambodia through institutional reforms, teacher training and improving facilities.

The project is estimated to cost 33.38 mln usd and the government of Cambodia will cover the balance.

The project involves enhancing the capacity of the government's ministry of education, youth and sport in planning, managing, administering and regulating the education system of the country.

Teacher training colleges will be provided with better facilities, while some 14,400 lower and upper secondary teachers will benefit from in-service training under the project. Around 300 upper secondary schools will also be assisted in school management, networking and improvement planning.

The project will also provide 350,000 upper secondary students with new textbooks and 7,000 upper secondary teachers with teachers' guides.

The overall quality and efficiency of education in Cambodia remains a serious concern. Low enrolment rates at the secondary level and low percentage of students completing school indicate there are large numbers of young people outside the school system who may be unskilled and unemployable, the ADB said.

Within the education system, schools have poor physical infrastructure and inadequate learning materials, laboratories and libraries. Teachers are also poorly qualified and unmotivated. Limited resources hamper the ability of the government to make improvements and the poor performance of the education system wastes whatever limited resources are available, it added.

TFN.newsdesk@thomson.com