A Change of Guard

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Wednesday, 27 March 2013

ADB praises Cambodia for public debt management [Did ADB take into consideration the $10 billion Cambodia owned to China?]

Give our kids a better deal
Deputy Prime Minister, Sok An meets Eric Sidgwick, Country director of the Asian Development Bank (ADB) to Cambodia on Wednesday

PHNOM PENH (The Cambodia Herald) -- Eric Sidgwick, Country director of the Asian Development Bank (ADB) to Cambodia applauded Cambodia for managing it's, sometimes problematic, public debts.

During the Wednesday meeting with Deputy Prime Minister, Sok An, Eric Sidgwick said, good management led to the positive changes of donations and loans to Cambodia.

Em Chan Dara, director of Information department at the Cabinet Minister, told reporters after the meeting, Eric Sidgwich, highly valued Cambodia's development.

He reinforced ADB's cooperation with Cambodia which he said, could set a good example for regional nations.

Sok An also thanked ADB for its help in developing and training human resource in the country.

The government, with the collaboration of ADB, aims to increase the GDP of its citizens to $4,000 by 2030, he added.

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