World Bank to provide $1 billion in assistance, Ministry says
The World Bank will approve the disbursement of $1 billion to Cambodia to develop priority sectors in the next five years, according to the Ministry of Economy and Finance. The announcement was made by a World Bank delegation during a recent meeting with Acting Minister of Economy and Finance Vongsey Visoth.
The World Bank’s board of directors later this month will approve a $1 billion soft loan as part of a partnership framework with Cambodia, covering the years 2019 to 2023, state-news agency Agence Kampuchea Presse reported.
Chea Vannak
