According to a press release, a total of $483 million funds has already been programmed and was channelled through the Royal Government institutions and partner organisations, including civil society organisations.
Team Europe provides significant financial and technical support to help the Kingdom address immediate needs and mitigate the socio-economic impact of the coronavirus crisis and prepare for recovery.
“We combined our resources and join efforts with the Government and the civil society in response to this global challenge,” EU Ambassador to Cambodia Ms Carmen Moreno said.
European partner focuses on three essential priorities in line with the country COVID-19 Master Plan.
Team Europe contributes to expand research and testing capacities in Cambodia, supports the implementation of the COVID-19 National Action Plan and strengthens the health system.
Europe will also work with Cambodia to support economic recovery and job creation. Team Europe support will contribute to strengthen key areas of the economy and involve public investments for economic development, energy efficiency and green recovery. Source from Khmertimes.
Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.
0
+855 (0) 23222206 (CN/EN/KH)
+86 023 67480241 (CN)
+855 (0) 66400666 (CN/EN/KH)
cpassre@gmail.com
https://www.compass.com.kh
Office Building Ground floor, Kbal Dey No. 594, Street Wat Chas, Phum 01, Sangkat Chroy Changva, Khan Chroy Changva, Phnom Penh
Cambodia
