ADB and the Government of Cambodia to discuss the future cooperation
PHNOM PENH: Asian Development Bank, the ADB and the Government of Cambodia on October 5, has organized a high level to reflect the partnership lasting and considers the possible solutions available to the challenges of the future development of Cambodia and enhance partnerships become more depth. The talks conducted by the ADB and the Ministry of Finance in the presence of Mr. Chhon chairman of the Supreme Economic Council and the leadership from Aun Mony Roth Senior Minister, Minister of Finance President of the Supreme Economic Council and the governor of Cambodia ADB and participation from Mr. Sun, Senior Minister, Minister of Public Works and Transport Mr. Naron, Minister of Education, Youth and Sports, Mr. Sa Khon, Minister of Agriculture, Forestry and Fisheries and Vongsey illustration, Secretary of Economy and Finance and Vice President of Supreme National Economic Council. In the discussion, the speakers of both 4 lifted by the Supreme benefits and partnership loyal closely provide motives in all circumstances the ADB to Cambodia, which has created the conditions, new funding for Cambodia in the development of the financial sector after Cambodia get peace. Credit ADB's been speaker all the claims that are being yoktowksaeang infrastructure building human resources create the physical infrastructure and increase production in accord with the need, and beyond this credit ADB's really responded timely and has improve the livelihoods of the Cambodian people to escape poverty and has made economic growth today. Stephen Groff, ADB Vice charge of Southeast Asia, East Asia and Pacific, said via video conference, from Manila in the Philippines, said, "Within 25 years, the change is a positive in the country when the time continues to shift the focus strategy of the ADB and the partnership between 2 also has developments. What can change is our commitment to help the country progress, ADB is proud to be the largest multilateral development partners of the country. " Please confirm that Cambodia became a member of ADB in 1966 and was suspended in the country a war, and returned again in 1991. After the Civil War as a development institution first who came to assess the needs of the country and 1996, became an international precursor in Cambodia. Since 1966, ADB has provided support to Cambodia amounted to 2.65 billion dollars in the form of loans, grants, technical assistance and co-financing with grants and technical focus on infrastructure, agriculture, rural development and human resources development. In 2015, ADB assistance totaled $ 27.2 billion, including co-financing of 10.7 billion dollars.