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Projects from the Debt Resettlement

A total remaining debt amount of US$ 833,791.15 was fully settled in July 2017. The debt was created in the past in connection with economic projects and loans provided from former Czechoslovakia to Cambodia. Based on mutually agreed memorandum in May 2008, the larger part of the debt amount was forgiven by the Government of the Czech Republic while the lesser part served to finance the development cooperation projects coordinated and implemented by the Embassy of the Czech Republic in Phnom Penh with the participation of local partners.