Aid and development

Development policy and administration

Gov’t forms working groups to implement public services

Two days after Prime Minister Hun Manet announced a budget of $450 million to upgrade the public services across the nation, the Royal Government of Cambodia (RGC) on Thursday officially kick-started forming working groups across 14 districts in the Capital to effectively buttress the public ...

Nhean Chamrong

PM to hold meeting to review Pentagonal Strategy

Prime Minister Hun Manet is scheduled to chair the Plenary Session of the Council of Ministers, which will be held on February 2, to review the implementation of the seventh mandate government’s Pentagonal Strategy. ...

Soth Koemsoeun

Cambodia seeks 1.7 billion SDR loan for development projects

Cambodia has unveiled ambitious plans to secure a loan of 1.7 billion in Special Drawing Rights (SDR), or $2.3 billion, in 2024 for the development of key sectors. ...

Thang Sinorn

Agriculture players can tap into new loan system

The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ...

Yatt Malai

UN set up five-year cooperation framework

Cambodia and the UN have jointly signed the UN Sustainable Development Cooperation Framework for Cambodia 2024-2028, which provides guidance to the UN system at the country level. ...

Sangeetha Amarthalingam

Royal Government is preparing a new master plan to develop coastal provinces

Prime Minister Hun Manet said that the Royal Government of Cambodia is preparing a new master plan for the development of Sihanoukville and three other coastal provinces. ...

Khmer Times Staff

Technical team to study land use in planned Sihanoukville economic zone

The government has set up a working group to develop land management and policy in Sihanoukville as part of a plan to turn the province into a multi-purpose special economic zone (SEZ). ...

Michael Firn

Domestic revenue a vital source of development financing: UN report

Domestic revenue is an increasingly vital source of financing for development in the Kingdom, amounting to 19 per cent of gross domestic product (GDP) last year and expected to reach 22.5 per cent by end-2025, the UN said on July 16. ...

Thou Vireak

Kingdom to spend nearly $60 billion on development until 2023

Cambodia will spend nearly $60 billion under the National Strategic Development Plan 2019-2023 and 75 percent of the funding will come from development partners. ...

Ben Sokhean

China deals swiftly signed

Cambodian and Chinese officials and business leaders yesterday signed 19 agreements during a visit to Phnom Penh by Chinese Premier Li Keqiang, boosting Chinese investment at a time when the regional power has upped its economic and political support for Hun Sen’s government.​ ...

Hor Kimsay and Cheng Sokhorng

World Bank to re-engage after five-year absence

The World Bank has approved $130 million in developmental aid aimed at reducing poverty in Cambodia, signalling its first direct re-engagement with the Kingdom since it left in protest in 2011 after one of the largest forceful evictions led by the government displaced more than ...

Kali Kotoski

With AIIB, nation diversifies funding options

Though it’s extremely early days, experts this week welcomed Cambodia’s membership to the nascent China-led Asian Infrastructure Investment Bank (AIIB), saying it would provide much-needed diversity of funding for the nation’s infrastructure and connectivity needs. ...

Tej Parikh

Index shows Cambodia still weak on human development

Cambodia ranked 143rd out of 188 countries in the U.N.’s latest Human Development Index (HDI), a composite measure of development incorporating health, education and living standards, according to new figures released on Monday. ...

Tej Parikh

Give farmers a break: PM

Prime Minister Hun Sen yesterday called on banks and microfinance institutions (MFIs) to suspend loan repayments by borrowers affected by this year’s drought, or either make the loans interest free or cut the rates. ...

May Kunmakara

World Bank readies another project

The World Bank is considering yet another internally funded project in Cambodia that, if approved, would lift the organization’s four-year-old freeze on new lending to the country. ...

Zsombor Peter

World Bank looks to end funding freeze

The World Bank could approve its first internally funded project in Cambodia in March, according to recently released reports, a move that would effectively end the freeze on new lending the Bank imposed on Cambodia over four years ago. ...

Zsombor Peter

PM urges greater economic integration with China

Prime Minister Hun Sen yesterday called for more collaboration and integration of financial markets at the regional level, especially with China – the world’s second-largest economy – to offset the effects of a slowing global economy. ...

May Kunmakara

Time’s up for MDG targets

As the United Nations meets this week to draw up a new set of sustainable development benchmarks, the era of the body’s landmark Millennium Development Goals (MDGs) is coming to a close, with some wondering – in spite of gains – what efficacy such targets ...

Zoe Holman

PM to talk on mines at UN

Prime Minister Hun Sen flew to New York yesterday for talks where he will raise the scourge of landmines which still affect Cambodia. ...

Ven Rathavong

Another UN rights envoy arrives

The new Special Rapporteur on Human Rights for the United Nations in Cambodia, Rhona Smith, will touch down in Cambodia for the first time today and will stay until the 24th. Ms. Smith will examine the human rights situation in here and report her findings ...

Srey Kumneth

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