US provides more development funding for Cambodia
The governments of Cambodia and the US have officially inked an exchange of notes on the addition of 66.2-million-USD in development grant of the US for Cambodia.
Illustrative image (Photo: internet)Phnom Penh (VNA) – The governments of Cambodia and the US have officially inked an exchange of notes on the addition of 66.2-million-USD in development grant of the US for Cambodia.
The signing ceremony, which took place on December 15, was presided over by Cambodian Senior Minister in Charge of Special Missions and Vice-Chairman of the Council for Development of Cambodia (CDC) Chin Bun Sean, and Veena Reddy, Mission Director at the US Agency for International Development (USAID) in Cambodia.
According to the CDC’s press release, 43.3 million USD out of the total amount will be spent on supporting public health and education activities, while the remainder is for projects related to agriculture and the environment.
From 1992 to 2019, the US government provided approximately 1.5 billion USD in assistance, equivalent to 6.1 percent of the total ODA disbursement by all development partners, to the Southeast Asian country, focusing on priority sectors such as health, education, environmental protection, agriculture, and governance./.
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