Cambodia gives financial help to 360,000 families affected by inflation and floods

PHNOM PENH, Dec 11 (Xinhua): Cambodia on Sunday began to provide cash handouts to almost 360,000 households with about 1.3 million people affected by inflationary pressures and recent floods, a senior official said.

"The government is expected to spend US$31 million for inflationary pressures-hit families and 15 million dollars for recent floods-stricken families for three months (from December to February)," said Chan Narith, undersecretary of state of the Economy and Finance Ministry in a press conference.