The European Union, in a statement issued yesterday, said it is mobilising about $504 million in grants and loans to work with Cambodia in fighting the global COVID-19 (C-19) pandemic and mitigate its socio-economic effects.
It added the money combines new allocations, funds already programmed and redirected funds. It will be channelled through government institutions and partner organisations, including civil society organisations.
EU Ambassador to Cambodia Carmen Moreno said: “The coronavirus pandemic demands cooperation and solidarity. Team Europe stands together with Cambodia in these challenging times.”
“We have to work together to ensure a sustainable and strong economic recovery, and to help mitigate the impact of this pandemic on human lives, jobs and livelihoods,” Ms Carmen said.
“To this purpose, we combine our resources and join efforts with the government, the people of Cambodia and civil society, in response to this global challenge,” she said.
She added that the support of the European partners to Cambodia focuses on three essential priorities, in line with the country’s COVID-19 Master Plan: 1) supporting health, 2) supporting livelihoods and employment, and 3) supporting economic recovery.
In Cambodia, Team Europe works together with its European partner Switzerland. All Team Europe programmes and projects contribute to enhancing democratic principles, promoting and protecting human rights and strengthening gender equality, read the statement.
Team Europe, it said, strongly supports the World Health Organization and contributes to finance its programmes in Cambodia.
Ly Sovann, spokesman of the Health Ministry, said yesterday he could not comment as he was not aware of the EU announcement.