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Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

World Bank Cambodia Congratulates the Kingdom for its Vaccination Success

  • Posted Oct 14, 2021 18:56 by Rhea Soco
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PHNOM PENH: The new president of World Bank Cambodia, Maryam Salim has congratulated the kingdom for the vaccination success against Covid-19. She says that the rapid pace of the vaccination is directing Cambodia to resuming economic activity soon. She made the statement during her meeting with the Permanent Secretary to the Ministry of Economy and Finance, Vongsey Visoth who is also a Minister Delegate of the Prime Minister.

Minister Visoth has stressed that that in the context of the global crisis caused by the spread of Covid-19, the Royal Government of Cambodia and the World Bank should jointly revise the Country Partnership Framework 2019-2023. This is to ensure responsiveness as the world, as well as Cambodia, is living in the new normal way with covid-19; especially at present that the Royal Government is planning to restore and stimulate economic growth for 2021-2023 in the near future.

He has added that Cambodia has three approaches on the economic recovery plan after the Covid-19 crisis for year 2021-2023. These are the revival and survival, rehabilitation and rebuilding the economic base, and lastly, resilience. With this, Salim has appreciated the effort of the Cambodian government. She says the country has received fruitful achievements in both economic and social fields, especially in the fight against Covid-19 to protect the health and life of the people. She has also appreciated the kingdom for maintaining economic stability and supporting livelihoods through targeted social protection programs.

Salim says that the World Bank is currently preparing a Performance and Learning Review on the Country Partnership Framework 2019-2023 to improve and strategically orient the project. Visoth has expressed gratitude to the World Bank saying that it is a bank of knowledge gathered by experts in all fields of development. He has requested the World Bank to help mobilise resources in the form of grants for financing of development and social protection projects, such as education, skills development and health projects.

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