HANOI, Jan. 15 (PNA/VNA) -- The Cambodian government signed two grant agreements on Jan. 14, worth a total of 72.1 million USD with the World Bank and other development partners to improve the lives of its people and to reduce poverty.
The first agreement for 20 million USD supports the Demand for Good Governance Project (DFGG), which aims at improving the government's accountability and responsiveness to the needs of the public, said a press release from the WB.
The second agreement, worth 52.1 million USD, provides additional resources to the Second Health Sector Support Program (HSSP2), which is designed to help the government improve the health of the nation’s underprivileged mothers and children, it added.
The grants will provide crucial support to the Government of Cambodia's efforts to reduce poverty and ensure that the people of Cambodia enjoy secure and sustainable livelihoods, WB said.
1 comment:
Cambodia relies too much on two industries: textile and tourism. These industries are particularly vulnerable to the global economic downturn. We need to focus our resources on our natural strength, which is agriculture, not tourism or textile.
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