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Japan Hands Over $8 Million Loan for Poverty Reduction


Japan gave Cambodia $8 million to support poverty reduction, in a ceremony presided over by Foreign Minister Hor Namhong and Japanese Ambassador Katsuhiro Shinohara.

The low-interest rate loan was important to Cambodia's political strategy, Hor Namhong said. Japan, the World Bank and developed countries were "partners" helping Cambodia, he said.

In Cambodia's strategy to reduce poverty, "good governance is the key," he added.

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