Archive

US Gives Money To Boost Economic Performance

The US provided $7.79 million to the government Wednesday to aid economic growth performance, as international institutions have warned of a shrinking economy.

The funds will be used to expand USAID’s program for micro-, small- and medium-sized enterprises, which seeks to alleviate poverty by increasing productivity of family businesses.

The program has helped some 3,000 farmers increase their incomes between 100 percent and 340 percent, according to US figures.

US Ambassador Carol Rodley said the program would help thousands of Cambodians and would foster new relationships in the business sector.

Deputy Prime Minister Sok An said in a ceremony the economic crisis had diminished Cambodia’s capacity for high economic growth.

“Assistance provided by the international community is crucial for contributing to bringing high economic growth back on track,” he said.

The US expects to commit $61.8 million in assistance to Cambodia this year, as the country struggles in the wake of the global financial crisis. Some international agencies have warned the countries economy could contract this year, a stark reversal from the high rates it had enjoyed in recent years. 

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one
Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Thai Leader on Two-Day Diplomatic Visit to Cambodiai
X
30 October 2014
The head of Thailand’s military-controlled government begins a two-day visit to Cambodia today, in a bid to improve diplomatic ties with Cambodia in talks with Prime Minister Hun Sen and other officials. Premier Prayuth Chan-ocha also hopes to improve cooperation along the borders and “clear up controversies of the past,” a spokesman for Hun Sen told reporters Thursday. (Kong Sothanarith, Phnom Penh)

English with Mani & Mori

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Carry Out (Movie: Jane Eyre)i
X
17 November 2014
You can say, "He has many strong qualities as a leader and under his leadership I think he will successfully 'carry out' the new mission and vision for this company." What does it mean? Watch here. For more videos - go to www.youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
Video

Video Carry Out (Movie: Jane Eyre)

You can say, "He has many strong qualities as a leader and under his leadership I think he will successfully 'carry out' the new mission and vision for this company." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish.
Video

Video A Wake Up Call (Movie: Limitless)

You can say, "The visit to the doctor was definitely 'a wake up call' for him. The heavy drinking, smoking, and partying every night needs to stop." What does it mean? For more videos - go to www.youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
Video

Video Save Face (Movie: Just Go With It)

You can say, "I can't believe he's not accepting responsibility for his mistakes. To 'save face' he continues to make excuses for himself." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
Video

Video Let the Cat out of the Bag (Movie: My Sister's Keeper)

You can say, "I'm so mad at you. I can't believe you 'let the cat out of the bag'. I can't believe you told him I have a crush on him. How could you?" What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.
See more >>>