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IMF Writes Off $82M in Debt for Cambodia source: MSN Money | Dec 24, 05 | submitted by Ryan

Phnom Penh, Cambodia - The International Monetary Fund is writing off $82 million owed by Cambodia, which is struggling to revive its economy after decades of armed conflict.

John Nelmes, the IMF's representative in Cambodia: "because of its overall satisfactory recent macroeconomic performance, progress in poverty reduction, and improvements in public expenditure management"

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