Aid and development

Cambodia’s GDP and Inflation to Rise This Year, World Bank Says

Cambodia’s GDP growth is estimated to reach 4.8% this year, and continue rising for the next two years while remaining below pre-pandemic levels, and inflation may hit 6%, more than double the rates of the last two years, the World Bank said. ...

Sorn Sarath and Matt Surrusco
https://cambojanews.com/cambodias-gdp-and-inflation-to-rise-this-year-world-bank-says/

IMF, ADB peg 2022 GDP growth at 5%

Two major multilateral lenders have forecast Cambodia’s economic growth for 2022 at around five per cent, buoyed by bumper export performance earlier in the year, coupled with ongoing policy support and continued tourism recovery, but held back by external pressures associated with Covid-19 and the ...

May Kunmakara
https://www.phnompenhpost.com/business/imf-adb-peg-2022-gdp-growth-5

Hun Sen requests UNDP support for mine-free goal

Prime Minister Hun Sen has requested that the UN Development Progamme (UNDP) continue its support for mine action in Cambodia so the Kingdom can achieve its goal of becoming mine-free by 2025. ...

Ry Sochan
https://www.phnompenhpost.com/national/hun-sen-requests-undp-support-mine-free-goal

France maintains $100M pledge for Cambodia

The French government through the French Development Agency or Agence Française de Développement (AFD) has maintained its annual financing commitment at about $100 million as a concessional loan for Cambodia to develop and recover the country’s post-Covid-19 economy in line with its national development strategy ...

Kang Sothear
https://www.khmertimeskh.com/501155615/france-maintains-100m-pledge-for-cambodia/

Sokhonn, ADB meet to discuss inclusive, ‘sustainable’ growth

Minister of Foreign Affairs and International Cooperation Prak Sokhonn on September 13 met with newly appointed Asian Development Bank (ADB) representative to Cambodia Jyotsana Varma for discussions.​​ ...

Samban Chandara
https://www.phnompenhpost.com/national/sokhonn-adb-meet-discuss-inclusive-sustainable-growth

World Food Programme drive aims to fix kids’ diets

The World Food Programme (WFP) – in collaboration with the School Health Department at the Ministry of Education, Youth and Sport – is launching an innovative social and behavioural change communication campaign to improve the diets of primary school children.​ ...

Voun Dara
https://www.phnompenhpost.com/national/world-food-programme-drive-aims-fix-kids-diets

EU lending arm plans expansion in Kingdom

The European Investment Bank (EIB) is planning to expand its presence in Cambodia, especially in green projects, with the EU’s lending arm currently investing in three main projects worth a total of €245 million ($249 million). ...

Voun Dara and Samban Chandara
https://www.phnompenhpost.com/national/eu-lending-arm-plans-expansion-kingdom

No foreign aid offered to run National Election

No foreign country has offered to assist the National Election Committee (NEC) with financial assistance or in kind for running next year’s National Election. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501147606/no-foreign-aid-offered-to-run-national-election/

ADB urged to help upgrade R&D ‘skills for future economy’ in Cambodia

The Asian Development Bank is engaged in developing a new project called ‘Skills for Future Economy’ with the purpose of improving the industry in Cambodia, according to a senior officer of the Royal Government of Cambodia. ...

Sok Sithika
https://www.khmertimeskh.com/501147792/adb-urged-to-help-upgrade-rd-skills-for-future-economy-in-cambodia/

Cambodian students receive meals through partnership

Youth attending Salesian educational programs supported by the Don Bosco Foundation of Cambodia had access to proper nutrition in 2021 thanks to a partnership between Salesian Missions, the U.S. development arm of the Salesians of Don Bosco, and Feed My Starving Children, a nonprofit Christian ...

Khmer Times Staff
https://www.khmertimeskh.com/501146569/cambodian-students-receive-meals-through-partnership/

Cambodia received $18.4M from ADB trust funds in 2021

Cambodia received a total of $18.4 million for 23 projects as part of the Asian Development Bank’s trust fund, global fund, and special fund financing for projects and technical assistance, according to an ADB report. ...

Adur Pradeep
https://www.khmertimeskh.com/501145513/cambodia-received-18-4m-from-adb-trust-funds-in-2021/

Government inks 18 projects worth $763 million in H1

The Ministry of Economy and Finance (MEF) has entered into agreements for the implementation of 18 public expenditure projects worth $763 million under grant aids and concession loans in the first half of this year, according to a report released by MEF. ...

Kang Sothear
https://www.khmertimeskh.com/501145316/government-inks-18-projects-worth-763-million-in-h1/

Cambodia provides humanitarian aid to flood-stricken Pakistan

Cambodia, the chair of the Association of Southeast Asian Nations (ASEAN) for 2022, has made a contribution of $50,000 to flood-stricken Pakistan, Cambodian Foreign Ministry’s spokesman Chum Sounry said on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501145764/cambodia-provides-humanitarian-aid-to-flood-stricken-pakistan/

U.S to spend thousands in a mindboggling exercise to teach Cambodian kids how to ‘Stop The Spread Of Misinformation’

The sitting US  administration is set to  spend thousands in US tax dollars to educate youth in Cambodia on how to “stop the spread of misinformation” on the internet, according to a federal grant listing reviewed by the Daily Caller News Foundation. ...

Khmer Times Staff
https://www.khmertimeskh.com/501129523/u-s-to-spend-thousands-in-a-mindboggling-exercise-to-teach-cambodian-kids-how-to-stop-the-spread-of-misinformation/

US pledges $25mn in aid to improve food security

Anthony Blinken, Secretary of State of United States, said yesterday that the US will assist Cambodia with $25 million to improve the country’s food security system under Harvest III project, which will be launched next week. ...

Yim Sreylin
https://www.khmertimeskh.com/501125942/us-pledges-25mn-in-aid-to-improve-food-security/

Second restoration phase of ancient hall at Reach Bo Pagoda kicks off

The Reach Bo pagoda’s ancient hall has received the second restoration phase under technical assistance and financial support from the APSARA National Authority. ...

Khmer Times Staff
https://www.khmertimeskh.com/501116178/second-restoration-phase-of-ancient-hall-at-reach-bo-pagoda-kicks-off/

UK, ADB to provide $134 million fund to help catalyse green financing in Southeast Asia

The Asian Development Bank (ADB) and the Government of the United Kingdom (UK) have signed a memorandum of understanding to develop a £107 million (around $134 million) trust fund to support efforts by Association of Southeast Asian Nations (ASEAN) countries, including Cambodia, to scale up ...

Khmer Times Staff
https://www.khmertimeskh.com/501108360/uk-adb-to-provide-134-million-fund-to-help-catalyse-green-financing-in-southeast-asia/

Cambodia's UN mission declares rapporteurs' findings one-sided

Cambodia’s UN mission in Geneva has “squarely dismissed” the contents of a June 29 joint press release issued by three UN special rapporteurs regarding a recent trial in the Kingdom, calling their findings “politically motivated”. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/cambodias-un-mission-declares-rapporteurs-findings-one-sided

Pursat City Administration requests ADB assistance for road curb project

The Pursat Municipality has been asking assistance from the ABD for a 20-kilometer curb project on both sides of Pursat City Road, while another road is under construction. ...

Khmer Times Staff
https://www.khmertimeskh.com/501103337/pursat-city-administration-requests-adb-assistance-for-road-curb-project/

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