Pledges reopen development debate
Monday, 8 December 2008
Monday, 08 December 2008Written
by Kay Kimsong The Phnom Penh Post
VYING FOR POSITIONChina led
the pack in international aid donations
to Cambodia, pledging $257 million for 2009.
It was followed by the European Union,
which promised $214 million,
and Japan with $113 million.
The rest of the breakdown was not
disclosed by the government.
Civil society groups, concerned that the emergence of China as a major aid player will not benefit the country, urge Western governments to be less complacent about corruption
LAST week's nearly US$1 billion international aid pledge - the largest ever granted under the auspices of the annual Cambodia Development Cooperation Forum - has reopened the debate over the Kingdom's development trajectory, amid concerns over the effect of a fresh influx in foreign aid.
Despite worries about the Kingdom's endemic corruption, government officials have interpreted the unsolicited donations as a unanimous vote of confidence for the government and its ability to effectively manage future development.
03:49
|
|
This entry was posted on 03:49
You can follow any responses to this entry through
the RSS 2.0 feed.
You can leave a response,
or trackback from your own site.
Subscribe to:
Post Comments (Atom)
1 comments:
That is good news, Brother.
Hope you will update more news from Cambodia
Regard
Sim
Post a Comment