Foreign Aid
Cambodia's emerging democracy has received strong international support. Under the mandate carried out by the United Nations Transitional Authority in Cambodia (UNTAC), $1.72 billion (1.72 G$) was spent in an effort to bring basic security, stability and democratic rule to the country. Regarding economic assistance, official donors had pledged $880 million at the Ministerial Conference on the Rehabilitation of Cambodia (MCRRC) in Tokyo in June 1992, to which pledges of $119 million were added in September 1993 at the meeting of the International Committee on the Reconstruction of Cambodia (ICORC) in Paris, and $643 million at the March 1994 ICORC meeting in Tokyo. To date, therefore, the total amount pledged for Cambodia's rehabilitation is approximately 12.3 G$.
Read more about this topic: Economy Of Cambodia
Famous quotes containing the words foreign and/or aid:
“If a foreign country doesn’t look like a middle-class suburb of Dallas or Detroit, then obviously the natives must be dangerous as well as badly dressed.”
—Lewis H. Lapham (b. 1935)
“Frustrate a Frenchman, he will drink himself to death; an Irishman, he will die of angry hypertension; a Dane, he will shoot himself; an American, he will get drunk, shoot you, then establish a million dollar aid program for your relatives. Then he will die of an ulcer.”
—Stanley Rudin. The New York Times (August 22, 1963)