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Approximately 700,000 households totalling close to three million people have been paid a monthly stipend during the Covid-19 pandemic by the government as part of the cash assistance programme for poor and economically vulnerable families who hold IDPoor 1 or IDPoor 2 cards.
The government has set aside $250 million for direct loans from two state-owned banks next year, to assist local small- and medium-sized enterprises (SME) in navigating through the “new normal”, according to Ministry of Economy and Finance secretary of state Phan Phalla.
Approximately 700,000 households totalling close to three million people have been paid a monthly stipend during the Covid-19 pandemic by the government as part of the cash assistance programme for poor and economically vulnerable families who hold IDPoor 1 or IDPoor 2 cards.
The Ministry of Economy and Finance has awarded a master plan consultancy contract to top Chinese institute for the development and transformation of Preah Sihanouk province into a “Model Multi-Purpose Special Economic Zone”, Southeast Asia’s next logistics and resort hub and innovation centre.
A semblance of normalcy is setting in Phnom Penh as the capital comes out of three weeks of lockdown and over a month of curfew to flatten the Covid-19 curve, which brought business activities to a standstill and incurring losses for many.