Posted on 23 April 2009
The Mirror, Vol. 13, No. 609
The Mirror, Vol. 13, No. 609
http://cambodiamirror.wordpress.com/
“A new report from the Asian Development Bank shows that in 2008 Cambodian owes the Asian Development Bank up to US$53.8 million.
“The report published by this bank on the Internet during the Khmer New Year’s days said that among the ten member country of ASEAN, Cambodia is also a country receiving loans from this bank.
“The country members of ASEAN are Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
“The report added that only Cambodia, Indonesia, the Philippines, and Vietnam owe this bank in 2008. However, the amount of money that Cambodia owes this bank is not much compared to others.
“Cambodia owes only US$53.8 million, while Vietnam has US$789.7 million, the Philippines US$940 million, and Indonesia up to US$1,085 million.
“Besides funds for projects owed by Cambodia, this bank supports also some projects with grant aid at a total amount of more than US$36 million. Those projects are road control projects worth US$4.8 million, health supporting projects worth US$1.8 million, a public finance administration project for rural development worth US$6.7 million, another public finance administration project for rural development worth US$4.1 million, an emergency food aid project worth US$17.5 million, and a project to promote standard toilets worth US$2 million.
“Since 1992, Cambodia received around US$1 billion in loans from this bank.
“According to the report, since 31 December 2007, Cambodian has approximately US$947.34 in debts. Therefore, if adding up to the debts of 2008, it increased to US$1,001 million.
“So far, among all ASEAN countries, the country that owes this bank the least is Singapore with owes approximately US$181 million only. Then, Burma owes US$530 million and Cambodia US$1,001 million. Laos owes US$1,211 million, Malaysia US$1,997 million, Thailand US$5,388 million, Vietnam US$6,294 million, the Philippines US$10,772 million, and Indonesia US$23,523 million. The country that has no debts is Brunei.”
Rasmei Kampuchea, Vol.17, #4874, 22.4.2009
Newspapers Appearing on the Newsstand:
Wednesday, 22 April 2009
“A new report from the Asian Development Bank shows that in 2008 Cambodian owes the Asian Development Bank up to US$53.8 million.
“The report published by this bank on the Internet during the Khmer New Year’s days said that among the ten member country of ASEAN, Cambodia is also a country receiving loans from this bank.
“The country members of ASEAN are Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
“The report added that only Cambodia, Indonesia, the Philippines, and Vietnam owe this bank in 2008. However, the amount of money that Cambodia owes this bank is not much compared to others.
“Cambodia owes only US$53.8 million, while Vietnam has US$789.7 million, the Philippines US$940 million, and Indonesia up to US$1,085 million.
“Besides funds for projects owed by Cambodia, this bank supports also some projects with grant aid at a total amount of more than US$36 million. Those projects are road control projects worth US$4.8 million, health supporting projects worth US$1.8 million, a public finance administration project for rural development worth US$6.7 million, another public finance administration project for rural development worth US$4.1 million, an emergency food aid project worth US$17.5 million, and a project to promote standard toilets worth US$2 million.
“Since 1992, Cambodia received around US$1 billion in loans from this bank.
“According to the report, since 31 December 2007, Cambodian has approximately US$947.34 in debts. Therefore, if adding up to the debts of 2008, it increased to US$1,001 million.
“So far, among all ASEAN countries, the country that owes this bank the least is Singapore with owes approximately US$181 million only. Then, Burma owes US$530 million and Cambodia US$1,001 million. Laos owes US$1,211 million, Malaysia US$1,997 million, Thailand US$5,388 million, Vietnam US$6,294 million, the Philippines US$10,772 million, and Indonesia US$23,523 million. The country that has no debts is Brunei.”
Rasmei Kampuchea, Vol.17, #4874, 22.4.2009
Newspapers Appearing on the Newsstand:
Wednesday, 22 April 2009
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