Multilateral development assistance

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. ...

The Ministry of Labor and Vocational Training hosted the second Mekong Dialogue on labor mobility on April 26, chaired by Hou Vuthy, Secretary of State of the Ministry of Labor. ...

Women get paid 11 percent less than men when working in the public sector, said a recent World Bank report. ...

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. ...

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. ...

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. ...

The World Bank has approved an additional 35 million U.S. dollars credit to Cambodia for improving climate-resilient rural roads in three provinces, its press release said on Saturday. ...

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 ...

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. ...

Cambodia’s GDP could touch $35 billion (143 trillion riel) this year, said a senior official from the Ministry of Economy and Finance. ...

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 ...

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. ...

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

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

That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will expand just 2.4% this year. That would be down from 2.6% growth in 2023, 3% in 2022 and a galloping 6.2% in 2021, which reflected the robust recovery ...

From 19-21 December 2023, the Forestry Administration of the Ministry of Agriculture, Forestry and Fisheries, the Ministry of Environment (MoE), the UN-REDD Programme and the Food and Agriculture Organization of the United Nations (FAO) jointly organized the Projects Completion Workshop on the ‘UN-REDD initiative on ...

Cambodia has proven itself as a potential investment destination with positive growth trends, development, and reform, according to a recent report by the Royal Government of Cambodia. ...

The Cambodian Minister of Environment, Dr. Eang Sophalleth, recently held a bilateral meeting with representatives of Singaporean companies, where he presented the opening of a new chapter in carbon trade in Cambodia, specifically under Article 6 of the Paris Agreement on Climate Change. ...

Over 400 staff from the Ministry of Agriculture, Forestry and Fisheries (MAFF) and the National Institute of Statistics, Ministry of Planning (NIS-MOP) have been deployed on one of the most comprehensive data collection initiatives to date – the Cambodia Agriculture Survey 2023 (CAS 2023).  ...

The Asia Development Bank (ADB) in collaboration with the Ministry of Public Works and Transport (MPWT) has successfully built a 20-hectare controlled landfill in Battambang province, aiming to serve 126,000 people in the community with the capacity to remove 100 tonnes of trash daily for ...

The Asia Development Bank (ADB) in collaboration with the Ministry of Public Works and Transport (MPWT) has successfully built a 20-hectare controlled landfill in Battambang province, aiming to serve 126,000 people in the community with the capacity to remove 100 tonnes of trash daily for ...

The Food and Agriculture Organization of the United Nations (FAO) is teaming up with Cambodia’s Fisheries Administration (FiA) to strengthen the country’s efforts against illegal, unreported, and unregulated (IUU) fishing. ...

The Asian Development Bank (ADB) on Friday said it has approved a $50-million policy-based loan to support Cambodia in improving its public financial management (PFM) systems. ...

The Food and Agriculture Organization of the United Nations (FAO) has partnered with the European Union (EU) to implement a capacity building program aimed at enhancing the management of fisheries in Cambodia. ...