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Logo of Phnom Penh Post newspaper Phnom Penh Post - SAC decision

SAC decision

The World Bank has extended the closing date for the final $15 million tranche of

the Structural Adjustment Credit until the end of October. The loan was delayed after

the government failed to meet conditions on which delivery of the reform-linked loan

is contingent. The delay will allow the government to submit a plan detailing the

actions it will take. Among these are public disclosure of forest concession management

plans, an integral part of the overhaul of the country's badly-run forestry sector.



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