Logo of Phnom Penh Post newspaper Phnom Penh Post - Germany gives US$11million

Germany gives US$11million

Germany gives US$11million

The Royal Government of Cambodia will receive grant assistance worth US$11 million

from the German government: $3.5 million for small enterprise promotion, and $7.5

million for rural development. The financing agreement was signed on July 13 by Keat

Chhon, Minister of Economy and Finance, and Doctor Gert Vogt, the Chairman of the

Board of Managing Directors of Kreditanstalt fur Wiederaufbau (Kfw).

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