$158 million to develop agriculture
The United States Agency for International Development and the International Fund for Agricultural Development jointly agreed on February 7 in an agreement to earmark $158 million as support to the kingdom’s Agricultural Strategic Development Plan. “The agreement will oversee the development and enactment of policies with the Royal Government of Cambodia to improve Cambodia’s agricultural sector as a critical part of the country’s economic growth,” stated a press release issued by the US Embassy. “It will also help businesses – from the farmer to the trader to the local store owner – work better together so that Cambodia’s agricultural products can compete in the local market and earn the greatest price,” it added.
