VOV News
01/15/2009
The Cambodian government signed two grant agreements on Jan. 14, worth a total of US$72.1 million with the World Bank and other development partners to improve the lives of its people and to reduce poverty.
The first agreement for US$20 million 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 US$52.1 million, 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.
"The grant agreements that we sign today will contribute towards the fourth pillar of Cambodia's Rectangular Strategy," Deputy Prime Minister and Minister of Economy and Finance Keat Chhon was quoted by Xinhua News Agency as saying.
01/15/2009
The Cambodian government signed two grant agreements on Jan. 14, worth a total of US$72.1 million with the World Bank and other development partners to improve the lives of its people and to reduce poverty.
The first agreement for US$20 million 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 US$52.1 million, 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.
"The grant agreements that we sign today will contribute towards the fourth pillar of Cambodia's Rectangular Strategy," Deputy Prime Minister and Minister of Economy and Finance Keat Chhon was quoted by Xinhua News Agency as saying.
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