[PHNOM PENH POST]
Cambodia's delegation to the 44th Asian Development Bank annual meeting
in Hanoi next week will be led by Ministry of Economy and Finance
Secretary General Vongsey Vissoth, according to an ADB spokesperson.
Vietnam
Deputy Prime Minister Pham Gia Khiem said in a press release that the
meetings would aim to make practical contributions to macroeconomic
stability, as well as “mitigating the adverse impacts caused by natural
calamities and climate change and fostering long term and sustainable
human centred development.”
The May 3 to 6 ADB annual meeting
aims to discuss a wide range of topics on the economy, Asian
development, and the individual state of the bank’s 67 members, the
release said.
The ADB provided some US$95 million in loans and
$65.8 million in grants to the Kingdom in 2010, according a statement
from last week.
Cambodia joined the bank in 1966. However, the
majority of the ADB’s involvement in the Kingdom - nearly $1.4 billion
for 55 loans, $255.71 million for 21 grants, and $112 million for
technical assistance projects - has come since it resumed operations in
Cambodia in 1992.
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