World Bank approves 275 mln USD in credit to support Cambodia's economic growth

PHNOM PENH, June 21 (Xinhua) -- The World Bank has approved 275 million U.S. dollars in credit to support Cambodia's efforts to promote long-term economic growth and resilience, the lender said in a news release on Friday.

The financing will promote reforms that boost private sector competitiveness, strengthen the country's fiscal position and provide assistance to the most vulnerable.

"While Cambodia's e