DPM Keat Chhon: Cambodia To Be Free from ODA in 2030

Deputy Prime Minister and Minister of Economy and Finance H.E. Keat Chhon said Cambodia will be free from the Official Development Assistance (ODA) by 2030.

Speaking to the U.S. Ambassador to Cambodia H.E. William E. Todd in a discussion at the ministry yesterday, H.E. Keat Chhon said Cambodia is trying its best to reform all sectors so as to build a basic foundation for the future development and in 2030 the country will be free from the ODA.

From 2008 to 2012, the Royal Government of Cambodia has increased twice the monthly salary for the civil servants, while the workers’ wage rose up to an average of US$108 per month, he said.

H.E. Keat Chhon also expressed his deep thanks to the U.S. government and people for their assistance to Cambodia.

The U.S has played important role in the peace building and development of Cambodia, and Cambodia has so far received some US$780 million in ODA from the U.S., he said.

For his part, H.E. William E. Todd said the U.S. would like to see Cambodia be free from the ODA and other foreign loans.

The U.S. ambassador also pledge to further strengthen the relationship and cooperation between the two countries during his diplomatic mission.



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