Cambodia plans electricity price cut to revive economy
The Cambodian government has issued a plan on reducing electricity tariffs for firms in four key sectors – manufacturing, agriculture, commercial and service – for five months to beef up the economy plagued by the Covid-19 pandemic.
A person wearing mask in Phnom Penh amid the spread of the COVID-19 pandemic (Photo: Xinhua/VNA)Phnom Penh (VNA) – The Cambodian government has issued a plan on reducing electricity tariffs for firms in four key sectors – manufacturing, agriculture, commercial and service – for five months to beef up the economy plagued by the COVID-19 pandemic.
Accordingly, starting from June, electricity bills are expected to be reduced by 25 percent based on previous averages from January to March of this year.
The Electricity Authority of Cambodia will issue details of the electricity tariff next week before the programme is implemented next month, The Phnom Penh Post newspaper quoted Victor Jona, director-general of the ministry’s General Department of Energy, as saying.
The country’s National Committee for Combating COVID-19 last week discussed easing restrictions and reopening businesses in priority sectors.
In fact, Cambodian people are gradually returning to their usual routines as no new infections were recorded over the past month and 122 infected cases were discharged from hospitals.
Or Vandine, spokeswoman for the Ministry of Health, revealed some sectors which could be allowed to reopen such as restaurants, entertainment establishments and schools.
However, she warned that as the government charts a course to recovery from the pandemic, it is necessary for everyone to be responsible for preventing a second wave of coronavirus outbreak./.
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