Logo of Phnom Penh Post newspaper Phnom Penh Post - Germany tops up cash aid



Germany tops up cash aid

Germany tops up cash aid

GERMANY is topping up its grants to Cambodia to reflect the worsening problem of

refugees fleeing continued fighting between the Royal Government and the Khmer

Rouge.

The inability of the elected government to bring a lasting peace

to Cambodia has made it all the more important for the international community

to lend its support, said Weghard Haerdtl, permanent secretary of state at

Germany's Ministry for Economic Cooperation and Development.

"The

international community has only one possibility or opportunity if it does not

want to intervene military, and this is something that nobody wants to do," he

said on a visit to Phnom Penh.

The German delegation signed three

agreements, including one to cancel $10 million of debts.

The

outstanding debts had made it impossible for Germany to disperse new cash

granted as part of the ICORC meetings in Paris and Tokyo.

The other two

agreements offer $35 million in outright grants for financial and technical

cooperation from 1992 and 1993.

"The pledges we made in Tokyo were a bit

less than what the country would now be getting so we have topped up our

contribution (because of refugee problem)," he said.-Reuters

MOST VIEWED

  • Phnom Penh placed in two-week lockdown

    The government has decided to place Phnom Penh in lockdown for two weeks, effective April 14 midnight through April 28, as Cambodia continues to grapple with the ongoing community outbreak of Covid-19, which has seen no sign of subsiding. According to a directive signed by Prime Minister

  • Cambodia on the verge of national tragedy, WHO warns

    The World Health Organisation (WHO) in Cambodia warned that the country had reached another critical point amid a sudden, huge surge in community transmission cases and deaths. “We stand on the brink of a national tragedy because of Covid-19. Despite our best efforts, we are

  • Hun Sen: Stay where you are, or else

    Prime Minister Hun Sen warned that the two-week lockdown of Phnom Penh and adjacent Kandal provincial town Takmao could be extended if people are not cooperative by staying home. “Now let me make this clear: stay in your home, village, and district and remain where

  • Businesses in capital told to get travel permit amid lockdown through One Window Service

    The Phnom Penh Municipal Administration has issued guidelines on how to get travel permission for priority groups during the lockdown of Phnom Penh, directing private institutions to apply through the municipality's One Window Service and limit their staff to a mere two per cent. In

  • Vaccination open to foreigners in Cambodia

    The Ministry of Health on April 8 issued an announcement on Covid-19 vaccination for foreigners residing and working in Cambodia, directing the Ministry of Labour and Vocational Training and local authorities to register them. Health minister Mam Bun Heng, who is also head of the inter-ministerial

  • Ministry names types of business permitted amid lockdown

    The Ministry of Labour and Vocational Training singled out 11 types of business that are permitted to operate during the lockdown of Phnom Penh and Takmao town, which run through April 28. Those include (1) food-processing enterprises and slaughterhouses; (2) providers of public services such as firefighting, utility and