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Rice Group Seeks $30m Emergency Loan

geovalin
geovalin
in Cambodia News

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Khmer Times/Sok Chan

The president of the Cambodia Rice Federation (CRF) has asked the government for an emergency loan of $20 million to $30 million, saying it is necessary to prevent the collapse of the rice sector.

The government could provide the funds through the Rural Development Bank (RDB), federation president Sok Puthyvuth told a press conference yesterday, saying he had made the proposal to the government and that the funds would be used for emergency loans to rice millers and exporters.

Mr. Puthyvuth urged the government to provide the loan free of interest, saying the federation had its own group to monitor and evaluate emergency loans to rice millers and exporters to ensure transparency and prevent them from going bankrupt.

read more: http://www.khmertimeskh.com/news/22559/rice-group-seeks--30m-emergency-loan/

ThaiVisa, c'est aussi en français

ThaiVisa, it's also in French

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