Government Spends Over US$1 Billion For Cash Transfer Programme
Phnom Penh, May 25, 2023 --
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 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 in June 25, 2020.
This emergency intervention has helped to ease the burden for 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.