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IMF Reduces Cambodia Debt


IMF Thursday announces officially about its decision to forget 100% of Cambodia's debt of 82 million dollars because Cambodia adheres to her poverty reduction strategies, her public administration control, and her public spending control.

IMF representative in Cambodia says in a news report that the international community made this decision so that Cambodia can develop.

Since 1999, Cambodia's 7% annual inflation is in control and poverty has been reduced.

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