Cambodia approves 50-mln-USD budget to support agriculture sectors

The Cambodian government has decided to disburse 50 million USD through the Rural Development and Agriculture Bank (RDAB) to provide low-interest loans to support sectors of livestock and fisheries, and vegetable farming.

Representatives of the General Department of Animal Health and Production under the Ministry of Agriculture, Forestry and Fisheries and the RDAB met on April 22 to discuss the credit support package.

CEO of RDAB Kao Thach said loans will be offered to farmers and small companies with an interest rate of 6.5 percent.

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