Government Considers Allocating $500M Loans to Banks and MFIs with Low Interest Rates to Help Citizens amid Covid-19

Source: FN Cambodian Prime Minister Hun Sen announced that the Royal Government of Cambodia considered allocating USD 500-600 million to banks and microfinance institutions at low interest rates. “We consider allocating USD 500-600 million of government budget to banks with low interest rates so banks will give loans to citizens and businesses with lower rates,”…

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Cambodia Prepares Laws on State of Emergency, Says PM Hun Sen

Source: FN Cambodian Prime Minister Hun Sen confirmed that the Royal Government of Cambodia has drafted laws on placing the country in a state of emergency to fight Covid-19. The premier addressed in the press conference held at the National Assembly on Monday. “We have drafted the laws and the statements already. We will have…

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