finance

The British Ambassador Announced the Amount of Aid Promised for the Development of Cambodia – Saturday, 26.6.2010

The Mirror, Vol. 14, No. 670

Note:

Apologies again – for the present delay. The transfer of a file was delayed, and then I did not have Internet access because of traveling.

Norbert Klein
At present in Canada for an Internet stability related workshop. I hope that from next week on, I should be able to upload the daily supplements of The Mirror again regularly.

“The British Embassy to Cambodia said that within the amount of US$1.1 billion aid that the government receives from donors for 2010, the British government will provide £21 million to support development plans in Cambodia.

“The spokesperson of the British Ambassador to Cambodia, Mr. Neng Vannak, wrote in an email on 22 June 2010 that the amount of aid that the British government plans to provide to Cambodia is about £21 million, approximately US$33 million.

“He added that the aid of the British government will support health care and the improvement of accountability of Cambodian public finance.

“Besides announcing the amount of aid for the development in Cambodia, Mr. Vannak added that England is a country that is encouraging and attracting investments and boosting commercial ties in Cambodia.

“Mr. Vannak added that in 2009, English investors invested US$5.4 million. Most of the investment concentrated on the financial sector, construction, agriculture, and the garment industry. But the embassy has not yet released information for 2010.

He went on to say that relating to the commerce in 2009, the export of Cambodia to England amounted to about £177.23 million [approx. US$276 million], while the import from England to Cambodia was only £4.02 million [approx. 6.06 million]. The spokesperson of the British Embassy announced the £21 million aid for Cambodia after the Minister of Economy and Finance, Deputy Prime Minister Keat Chhon, declared early in the month that donors promised to provide about US$1.1 billion to support development plans in Cambodia. At that time, he just said that Japan is the country that promised to provide most aid.” Rasmei Kampuchea, Vol.18, #5234, 26.6.2010

Newspapers Appearing on the Newsstand:
Saturday, 26 June 2010

Deum Ampil, Vol.4, #514, 26.6.2010

  • A Student Died after a Fuel Tank Truck of the Tela Company Rolled Over Him [Phnom Penh]

Kampuchea Thmey, Vol.9, #2285, 26.6.2010

  • A Fire Which Resulted from an Overturned Car Burnt Two Persons to Death and Seriously Wounded Five Others [Kompong Chhnang]
  • Many Piglets Were Imported from Vietnam into Prey Veng [illegally], but the Officials in Charge Did Not Suppress It [but collude with the merchants

Koh Santepheap, Vol.43, #6992, 26-27.6.2010

    Prime Minister Hun Sen Is Pleased with the Construction of Roads and Bridges by China That Have Quality and Are Cheap and Fast

  • Samdech Euv [the former King], Samdech Mae [the former Queen], and the King Returned Back to the Country [after paying a private visit to Vietnam]

Moneaksekar Khmer, Vol.17, #3916, 26-27.6.2010

  • [Sam Rainsy Party parliamentarian] Son Chhay: The Khmer Government Is Incompetent to Protect Its Citizens Who Are Mistreated and Killed by the Authorities of Neighboring Countries [recently, another Khmer citizen was shot dead by Thai soldiers who accused him of illegally trafficking a motorbike across the border]

Rasmei Kampuchea, Vol.18, #5234, 26.6.2010

  • The British Ambassador Announced the Amount of Aid Promised for the Development of Cambodia
  • [The Minister of Economy and Finance] Mr. Keat Chhon Met with a Delegation of the International Monetary Fund That Came to Check the Performance of the Cambodian Economy
  • Cambodia Cannot Export Fruits Abroad because of Fruit Fly Contamination [according to a workshop held by the Department of Agriculture of the Ministry of Agriculture]

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