Logo of Phnom Penh Post newspaper Phnom Penh Post - IMF Mulls VN Debt

IMF Mulls VN Debt

IMF Mulls VN Debt

HANOI (AP) - The International Monetary Fund has taken up the issue of Vietnam's

overdue debt to the organization and may come up with a repayment schedule by October,

the IMF representative in Vietnam said July 15.

Erich Spitaller confirmed that the fund's executive board, which met July 14 in Washington,

had considered how to settle the issue of Vietnam's U.S. $140 million arrears and

clear the way for future loans.

"The momentum is increasing toward support in due course of Vietnam's reform

and stabilization policies by fund resources," Spitaller said in Hanoi.

MOST VIEWED

  • Angkor Wat named as the top landmark for the second year

    Travel website TripAdvisor has named Cambodia’s ancient wonder Angkor Wat as the top landmark in the world for the second year running in their Travelers’ Choice Award 2018, an achievement Cambodian tourism operators expect will attract more tourists to the Kingdom. The website uses traveller

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Hun Sen detractors ‘will die’

    Prime Minister Hun Sen on Wednesday said those who curse or insult him would eventually die without a plot of land to bury their bodies after being killed by lightning, suffering the same fate as those who recently died in Thmar Baing district in Koh

  • NOCC to contest petanque, tennis axe

    The National Olympic Committee of Cambodia will lobby hard over the next few weeks for the inclusion of the Kingdom’s most productive medal-earning sport, petanque, along with vovinam and tennis after the disciplines were left out of the initial list of 30 preferred sports for