Domestic revenue is an increasingly important source of development financing in Cambodia, says a new report
On 16 July 2021, the UN Development Programme (UNDP) issued a press release on launching a report estimating the financing available for the country’s development through to 2025, entitled “Cambodia’s Development Finance Assessment (DFA).”
This report analyze the compositions and trends of all Cambodia’s financial inflows, covering public, private, international and national sources available to support development investment in the country. The domestic revenue is an increasingly import source of financing for development in Cambodia, representing 19% of GDP in 2020 and continuing to 22.5% by the end of 2025. Their composition has shifted further toward loans and less concessional terms while ODA flows remain significant, estimated around 7.9% of GDP. The report also estimates the likely reductions in these flows resulting from the COVID-19 crisis. COVID-19 has led to total financing flow losses estimated to be USD 3.6 billion, accounting for 19.8% of the total flows, for 2020. Read more
UN Development Programme
