Asian Development Bank pledges support for Cambodia’s finance sector

Minister of Economy and Finance Aun Pornmoniroth (left) and Winfried Wicklein, director-general for South-East Asia at the ADB, during his two-day visit to Cambodia last week. - Phnom Penh Post/ANN

PHNOM PENH (Phnom Penh Post/ANN): Cambodian Minister of Economy and Finance Aun Pornmoniroth has announced that the Asian Development Bank (ADB) has committed to investing in projects related to climate change and private sector development. Those projects will focus on strengthening the financial sector over the next five years, in order to support small and medium enterprises (SMEs).

His comments were made in a press release, released after a meeting with Winfried Wicklein, director-general for South-East Asia at the ADB, during his two-day visit to Cambodia last week.