Economic and Social Development – 1994

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Economic and Social Development – 1994

1994

Minimum Implementation Minimal implementation

At a donor’s conference in Tokyo in March 1993, Cambodia secured 773 million US dollars for reconstruction projects. But reconstruction remained a daunting project due to the elusive political stability in post-UNTAC Cambodia. To reform and restructure the economy, on December 16, 1994, Cambodia signed loan agreements worth 44 million dollars with the World Bank and the Asian Development Bank.1

  1. “Cambodia signs loan accords with World Bank, ADB,” Deutsche Presse-Agentur, December 16, 1994.