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Estatedia | Economy & Real Estate Media in Cambodia

Government spends over $1 billion for cash transfer programme

PHNOM PENH: The Royal Government of Cambodia has spent approximately 4,227 billion Riel (Cambodian currency roughly US$1,056 million for its cash transfer programme to support those hit hard by the COVID-19 crisis, according to an announcement of the Ministry of Social Affairs, Veterans and Youth Rehabilitation this morning.

Some 704,535 families benefited from the programme during the period, it stated. The financial support has been transferred to poor and vulnerable people since the programme was launched on June 25, 2020.

This emergency intervention has helped to ease the burden on the lives of the poor and vulnerable households who hold the equity cards in both urban and rural areas across the country, stressed the source.

Source: AKP

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