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Friday, September 21, 2012

The U.S. Provides 18.50 M for Economic Growth Program

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According to press release dated 20 September of the U.S Embassy, the United States and the Royal Government of Cambodia will sign an amendment to their bilateral agreement on September 21, 2012 that will provide $18.5 million in 2012 funding from the U.S. Agency for International Development (USAID) to support joint U.S. and Cambodian priorities in economic growth, agriculture, food security, and global climate change adaptation and mitigation.  The event will begin today at 4:00 PM at the Office of the Council of Ministers. This bilateral agreement funds USAID programs such as Helping Address Rural Vulnerabilities and Ecosystem Stability (HARVEST) and others that will support the Cambodian government’s national development strategy by enhancing agricultural production, developing post-harvest management capacity, increasing access to food, and helping Cambodian farmers adapt to climate change.  These programs will also strengthen the ability of civil society, the private sector, and the government to address food security and climate change challenges in Cambodia.  The funding for these activities comes from the Feed the Future and Global Climate Change Initiatives. (Kampuchea Thmey)

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