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Cambodian gov’t provides special bailout of 30 mln USD to stabilize paddy rice prices

PHNOM PENH, Jan. 16 (Xinhua) — The Cambodian government has provided a special bailout of 30 million U.S. dollars to buy paddy rice from farmers, helping stabilize the market amid the dramatic paddy rice prices, an official said.

Speaking at a press conference live televised Wednesday night, Kao Thach, chief executive officer of the state-owned Agricultural and Rural Development Bank, said the government has al