[PEOPLE'S DAILY ONLINE]
Cambodian government officials,
representatives of foreign development partners and civil society met
here on Wednesday to revise the development progress under the foreign
aid pledged by those donor countries and to hear Cambodia' s needs for
2011.
Speaking at the opening ceremony of the 18th meeting of the
Government-Development Partner Coordination Committee on Wednesday,
Cambodian Deputy Prime Minister Keat Chhon, minister of
finance,
said that most of the activities for 2010's social and economic
development have been implemented and achieved the goals despite some
challenges in resource constraints.
"Cambodia is on the right
track to develop its economy, and ie expected to see growth of more than
six percent in 2011 with almost all sectors," he said.
The World
Bank Country Manager, Qimiao Fan, said, "Development partners are
pleased to note that the majority of the Technical Working Groups are on
track to achieve their Joint Monitoring Indicator (JMI) targets and the
overall good performance of the JMIs."
Cambodia has the
potential to maintain sustainable, long-term growth at 7 to 8 percent a
year and the government is hopeful to achieve inclusive and sustainable
growth by following its comparative advantages, he said.
He added that the development partners believed that it is in Cambodia's best interests to establish national policies.
Donors
pledged 1.1 billion U.S. dollars in 2010 for Cambodia's social and
economic development, it is unknown how much the aid pledge will be this
year from those donors to Cambodia.
The government has sought
financial support from donors to ensure sustainable financing and
effective implementation of the National Social protection Strategy for
the Poor and Vulnerable ( 2011-2015), which passed by the government
last month.
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