The Royal Government of Cambodia, through the Council for the Development of Cambodia (CDC), and the U.S. Government, through the U.S. Agency for International Development (USAID), reached here early this week a development cooperation agreement.

Under the agreement, a total of over US$62 million will be provided in the first year of the five-year period, of which US$41.6 million for health and education programmes and approximately US$20.5 million for agriculture and environment programmes through implementing organisations in the Kingdom of Cambodia, pointed out a joint press announcement.

According to same source, the signed document, known as the Development Objective Agreement Grants (DOAG), covers a five-year period from 2021-2025 with a total estimated amount of US$338 million aiming to broaden inclusive and sustainable economic growth through agriculture and environment projects and strengthen Cambodia’s health, education, and child protection services.

From 1992 to 2021, the U.S. government provided around US$1.7 billion in assistance. This assistance focuses on priority sectors such as health, education, environment, agriculture, governance, democratic development, and de-mining, which are well aligned with the Royal Government of Cambodia’s priorities as outlined in the Rectangular Strategy Phase IV and the National Strategic Development Plan 2019-2023.

On behalf of the Royal Government of Cambodia, the Council for the Development of Cambodia expressed its gratitude to both the U.S. government and the American people for their continued support and commitment to the inclusive and sustainable socio-economic development of Cambodia and especially for their contribution to the prevention of the spread of COVID-19 in Cambodia. The U.S. government likewise appreciated the continued collaboration with the Royal Government of Cambodia in areas of mutual interest.

Source: Agency Kampuchea Press

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