Cambodia reserves 2 billion USD to fight COVID-19
Cambodia has earmarked 2 billion USD to save the economy in case of the outbreak of the acute respiratory disease caused by SARS-CoV-2 (COVID-19), Prime Minister Samdech Techo Hun Sen said on March 10.
Cambodian Prime Minister Samdech Techo Hun Sen (Source: Xinhua/VNA)
The government has reserved a budget of about 800 million USD to back the economy if the coronavirus crisis prolongs for six months, he said, adding that the country will need between 800 million USD and 2 billion USD if the disease prolongs for one year.
He unveiled that the government last week approved 30 million USD in emergency funds to prevent the spread of the COVID-19 and other diseases for six months.
The PM said Cambodia’s economic growth is expected to slow down to nearly 6 percent this year from its earlier projection of 6.5 percent.
Health Minister Mam Bunheng confirmed the third COVID-19 infection case in Cambodia on March 10. The 65-year-old patient is a British woman who traveled from Vietnam’s Ho Chi Minh City to Cambodia’s Kampong Cham province via a cruise ship./.
VNA
-
IMF predicts Thai growth at 1.6% for 2026
- Earthquakes rattle parts of Southeast Asia
- Southeast Asia’s digital economy to top 300 billion USD by end 2025
- Severe flooding reported in central Thailand
- Thailand demands Meta explain massive personal data leak affecting millions of users
- Thailand launches programme to boost tourism in border provinces
- Indonesia’s palm oil production set to rise 10% in 2025
- Timor-Leste seeks trade & investment expansion following ASEAN accession
- Vietnam to supply rice seeds for Cuba’s 2026 crop
- RoK, Cambodia agree to set up task force to combat online scams
