Monday, January 26, 2009
Cambodia Keeps Tax Breaks as Shortage of Cash Prevents Stimulus
Posted on 2:43 PM by svdfbd
By Daniel Ten Kate Jan. 26 (Bloomberg) -- Cambodia, reliant on overseas aid to finance a quarter of the national budget, said it will extend tax breaks for clothing manufacturers and invest in power plants as a cash shortage restricts its ability to provide economic stimulus. “We cannot distribute cash to the people,” Hang Chuon Naron,
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