Cambodian PM Hun Manet Denies Budget Crisis Amid New Banknote Issuance

Hun Manet addresses rumors regarding the state of the national treasury and the printing of new currency.

Explanation of the security upgrades for 50,000 and 100,000 Riel notes to prevent counterfeiting.

Details on the process of destroying damaged notes and maintaining a balanced money supply.

Warning against political manipulation and bank runs caused by misinformation.

Using civil servant salary payments and holiday bonuses as proof of budget solvency.

Discussion on the new $212 minimum wage for the textile and footwear industry.

Labor groups argue the wage increase fails to keep pace with the cost of living and inflation.

The government and employers argue for a balance between worker quality of life and regional competitiveness.