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Donor Support – 1994

A two day international meeting on the reconstruction of Cambodia was held in Tokyo on March 10-11, 1994. It was generally believed that Cambodia would receive $773 million in aid and loans from 20 nations, the European Union and 9 international organizations. According to the Foreign Ministry Office of the Government of Japan, most of the assistance pledged at the second meeting of the International Committee on the Reconstruction of Cambodia, was in addition to another $880 million pledged at the 1992 Tokyo conference and the $119 million pledged at the first ICORC meeting held in Paris last September (1993).¹

According to the Straits Time Report, half of the 880 million aid pledged during the 1992 Tokyo conference was paid out.²

In order to reform and restructure the economy, on December 16, 1994, Cambodia signed a set of loan agreements worth 44 million dollars with the World Bank and Asian Development Bank.³

1. “$773 mil. pledged to Cambodia; for reconstruction projects,” The Daily Yomiuri, March 12, 1994.
2. “Half of $ 1.3b aid pledged to Cambodia paid out,” The Straits Times (Singapore), August 6, 1994.
3. “Cambodia signs loan accords with World Bank,” ADB, Deutsche Presse-Agentur, December 16, 1994.