Aid and development

Multilateral development assistance

IMF trains Cambodian customs officers in investigation techniques

The International Monetary Fund (IMF) has provided investigation training for officers of the General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance. ...

Khmer Times Staff

Blueprint to implement agricultural reforms underway

The Ministry of Agriculture, Forestry and Fisheries (MAFF) Tuesday held a meeting with specialists in natural resources and agriculture and representatives of the Asian Development Bank (ADB) as well as the officials from the Credit Guarantee Corporation of Cambodia (CGCC) to prepare a blueprint for ...

Mom Kunthear

World Bank approves $275 million for Cambodia’s growth

World Bank has approved $275 million for Cambodia’s growth. This is the second tranche to boost the country’s economy after the Covid-19 pandemic. The first tranche was in 2022, when the World Bank approved $274 million for Cambodia’s Growth and Resilience Development Policy Financing. ...

Rachel David

World Bank approves major investment in water security for Cambodia

The bank said in a news release that over 113,000 people in Cambodia are expected to benefit from better water supply infrastructure following the approval on June 21 of a new World Bank-supported project. ...


ADB contributes $4.8 billion to Cambodia’s development since 1970

The Asian Development Bank (ADB) has provided approximately $4.8 billion for 207 development activities in Cambodia as of December 31, 2023, significantly contributing to the country’s socio-economic progress since its first loan in 1970. ...

Hong Raksmey

ADB commits $1.26 bln to support Cambodia’s development for 5 years

The Asian Development Bank (ADB) announced in a news release on Wednesday that it has committed approximately $1.26 billion to support the Cambodian government from 2024 to 2028. ...

Khmer Times Staff

World Bank approves $79.5 million in financing to strengthen education in Cambodia

The World Bank’s Board of Executive Directors has approved an additional $79.5 million for the expansion of ongoing activities aimed at improving access to quality education throughout Cambodia. ...

Khmer Times Staff

IMF says Cambodia’s inflation to be stable at 2.3 percent in 2024

Cambodia’s inflation will remain stable this year at 2.3 percent, marginally up from 2.1 percent for 2023, generally in line with other parts of Asia and the Pacific, said the IMF Regional Economic Outlook April 2024. ...

Manoj Mathew

$5 billion ADB replenishment agreed for most vulnerable countries

Donors and the Asian Development Bank (ADB) have agreed to replenish $5 billion for its Asian Development Fund (ADF) and its Technical Assistance Special Fund. ...

Khmer Times Staff

IMF revises Cambodia’s GDP up 35% with 2014 base

The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...

Manoj Mathew

Kingdom hosts int’l forum on climate change

The Ministry of Economy and Finance (MEF) in collaboration with Climate Investment Funds (CIF) and the Asian Development Bank (ADB) is co-hosting a four-day international forum aimed at exchanging experiences to address climate change, sustainable forestry and nature-based solutions in the Asia-Pacific region. ...

Nhean Chamrong

World Bank sees Cambodia and Philippines as fastest growing developing ASEAN economies this year

The World Bank forecast Monday that GDP in Cambodia and the Philippines would expand by 5.8 percent this year, making the two countries the fastest growing developing economies in Southeast Asia. ...

Khmer Times Staff

Minister, World Bank discuss active and new water projects

The Minister of Water Resources and Meteorology received a senior World Bank delegation to exchange lessons learned from on-going water and irrigation projects to improve the implementation of a new one. ...

Khmer Times Staff

$35M for rural road resilience work signed off by World Bank

The World Bank (WB) has approved an additional $35 million of financing projects which will improve the quality of rural roads in Kratie, Kampong Cham and Tbong Khmum provinces. It is expected that the work will improve the lives of more than two million people ...

Samban Chandara

$35M rural road fund to boost health and education access

The World Bank has approved a $35 million credit to help rural roads in three Cambodian provinces become more climate resilient to ensure residents have access to critical services and markets amid shifting weather patterns. ...

Marissa Carruthers

Cambodia feted with IFAD Gender Award in Rome

Cambodia came under the spotlight in Europe recently as its project was bestowed with a prestigious honour in Rome. At the International Fund for Agricultural Development (IFAD) ’s annual Governing Council, the Tonle Sap Smallholder Development Project – Additional Financing (TSSD-AF) – co-financed by IFAD ...

Khmer Times Staff

UN provides compensation for Cambodians hurt or slain in missions

The United Nations (UN), through the Ministry of Foreign Affairs and International Cooperation of Cambodia, has provided compensation for peacekeepers wounded or killed for the cause of humanity and peace around the world during missions in Lebanon and Mali. ...

Hang Punreay

UNDRR Lauds Cambodia’s Disaster Management

The United Nations for Disaster Risk Reduction (UNDRR) has commended Cambodia’s disaster management and its effective response to disasters. ...

Khmer Times Staff

Ministry, ADB prioritise water access, rural sanitation

The Asian Development Bank (ADB) is working in close collaboration with the Ministry of Rural Development on transport infrastructure, water supply and sanitation. ...

Chea Sokny

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