Programs & Events
Close Window
(From left to right) U.S. Ambassador to Cambodia Carol A. Rodley, Deputy Prime Minister Sok An, and USAID Mission Director Flynn Fuller.
United States Commits $7.79 million for Economic Growth
Office of the Council of Ministers, Phnom Penh
September 23, 2009
The United States and Cambodia signed an amendment to a bilateral agreement on September 23 that will provide $7.79 million in 2009 funding to support Cambodian priorities in economic growth. Under the amendment, which was signed at the Office of the Council of Ministers in Phnom Penh, the Royal Government of Cambodia will provide $425,000 of in-kind support.
U.S. Ambassador to Cambodia Carol A. Rodley attended the ceremony and signed as a witness. Deputy Prime Minister Sok An and USAID Mission Director Flynn Fuller signed on behalf of their respective governments.
“It’s a pleasure to be here to reaffirm the commitment of the American people to improving the lives of the Cambodian people through economic growth,” Ambassador Rodley said at the signing ceremony.
The funds will be used to expand USAID’s Micro, Small and Medium Enterprises 2 and Business Enabling Environment program, which is alleviating poverty in rural areas by increasing the productivity of family businesses. The program has to date helped over 3,000 farmers increase their sales by 100%-340%, allowing them to access better health care, education for their children, and opportunities to expand their businesses. The project is implemented by DAI.
In addition to economic growth, the United States supports a broad range of programs designed to benefit all Cambodians, including health, education, human rights, rule of law, local governance and decentralization, anti-corruption, and combating trafficking in persons. The United States, through USAID, expects to commit $61.8 million in assistance to Cambodia in 2009.
