Tuesday, May 27, 2008
Fuel subsidies to cost US$300 million in 2008
Posted on 10:48 PM by svdfbd
By Chun SophalThe Mekong TimesWith discontent growing over rampant inflation, the Cambodian government yesterday claimed it will spend US$300 million on fuel subsidies in 2008.“We are trying to control inflation which is a phenomenon that influences [Cambodia] from outside by … subsidizing gasoline,” said Economy and Finance Minister Keat Chhon (pictured) yesterday. He predicted the subsidies
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