Aid and development

Multilateral development assistance

Kingdom remains neutral on Israel- Hamas conflict, calls for dialogue

The Cambodian Permanent Mission to the UN Office in Geneva has declined to endorse a collective statement concerning the Israel-Hamas war, while condemning the violence that has led to the loss of thousands of innocent lives. ...

Post Staff
https://www.phnompenhpost.com/national/kingdom-remains-neutral-israel-hamas-conflict-calls-dialogue

FAO launch PEARL agriculture initiative

The UN Food and Agriculture Organisation (FAO) has announced a partnership with Cambodia’s Ministry of Agriculture, Forestry and Fisheries and the Ministry of Environment to launch the Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL). ...

Post Staff
https://www.phnompenhpost.com/national/fao-launch-pearl-agriculture-initiative

Cambodia withdraws nearly 100 blue helmet troops from Mali due to tense security situation

Cambodian Prime Minister Hun Manet said Wednesday that at the United Nations (UN) request, the kingdom had withdrawn nearly 100 blue helmet troops from the war-torn African nation of Mali due to tense security context. ...

Khmer Times Staff
https://www.khmertimeskh.com/501382139/cambodia-withdraws-nearly-100-blue-helmet-troops-from-mali-due-to-tense-security-situation/

Cambodia promotes water action by all for World Food Day 2023

Cambodia joined countries across the globe to promote water action as part of the country’s 2023 World Food Day commemoration, which took place in Kouloab commune, Chet Borei district in Kratie province. The commemoration event was held under the global theme, Water is Life, Water ...

Khmer Times Staff
https://www.khmertimeskh.com/501380934/cambodia-promotes-water-action-by-all-for-world-food-day-2023/

Number of poor people in Cambodia drops by half in 7.5 years

Cambodia’s global MPI (Multidimensional Poverty Index) value plummeted from 0.168 in 2014 to 0.070 in 2021/2022, and incidence of poverty fell from 36.7 percent to 16.6 percent. ...

Khmer Times Staff
https://www.khmertimeskh.com/501379463/number-of-poor-people-in-cambodia-drops-by-half-in-7-5-years/

IMF lowers growth forecast for Cambodia due to weak external demand

On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...

Khmer Times Staff
https://www.khmertimeskh.com/501378855/imf-lowers-growth-forecast-for-cambodia-due-to-weak-external-demand/

Cambodia applauds ADB’s commitment and contribution to Cambodia’s economic growth

Deputy Prime Minister and Minister of Economy and Finance, Dr Aun Porn Moniroth met with Winfried Vicklen, Director General of the Asian Development Bank (ADB), on his visit to Cambodia from October 9 to10, 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501375256/cambodia-applauds-adbs-commitment-and-contribution-to-cambodias-economic-growth-2/

UNIDO join hands with CAC to boost cashew kernel export

The United Nations Industrial Development Organisation (UNIDO) collaborated with the Cashew nut Association of Cambodia (CAC) to boost the export of cashew kernel by 12 percent by 2025 by providing technical support and management systems to the owners of the micro, small and medium enterprises ...

Nheng Chamrong
https://www.khmertimeskh.com/501373709/unido-join-hands-with-cac-to-boost-cashew-kernel-export/

IMF sees Cambodia as ASEAN’s fastest growing economy in 2023 and 2024

Cambodia’s economy is projected to expand 5.6 percent this year and 6.1 percent next year, up from 5.2 percent last year, the International Monetary Fund (IMF) said Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374620/imf-sees-cambodia-as-aseans-fastest-growing-economy-in-2023-and-2024/

Waste management project takes shape

The Ministry of Environment, in collaboration with the World Bank, is poised to launch a project aimed at managing solid and plastic waste in five provinces in the near future. Discussions are underway to expedite the project’s implementation. ...

Bor Pich Zelin
https://phnompenhpost.com/national/waste-management-project-takes-shape

Growth pegged at 5.5% for ‘23 recovery stage by World Bank

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. ...

May Kunmakara
https://www.phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank

ADB signs $140m loan agreement to boost skills and public services

The Asian Development Bank (ADB) signed two loan agreements with the Ministry of Economy and Finance on Tuesday for a total of $140 million to boost the quality of Cambodia’s workforce through technical and vocational education and training (TVET) and improve public service delivery by ...

Thang Sinorn
https://kiripost.com/stories/adb-signs-140m-loan-agreement-to-boost-skills-and-public-services

ADB lends $140M for labour development

Cambodia has received $140 million in loans from the Asian Development Bank (ADB) to boost labour development to transform the country into a technology-driven, knowledge-based industrial economy while enhancing public service delivery by local administrations through public finance and decentralisation reforms. ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-lends-140m-labour-development/

Cambodia’s GDP growth likely 5.3% this year, say ADB, AMRO

Two international organisations have forecast Cambodia’s economic growth to be around 5.3 per cent this year as the economy continues to be impacted by lower than expected expansion in the industrial and agriculture sector in the first half (H1), stemming from the regional and global ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodias-gdp-growth-likely-53-year-say-adb-amro

PM and his spouse leave Phnom Penh to attend the “United Nations 78th General Assembly

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, and his spouse Dr. Pech Chanmony, led a high-level delegation of the Royal Government of Cambodia to attend the “United Nations for the 78thGeneral Assembly” in New York, USA from September 21 to 25, 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501364301/pm-and-his-spouse-leave-phnom-penh-to-attend-the-united-nations-78th-general-assembly/

FAO says Cambodian wholesale rice prices stable or higher last month

Wholesale rice prices in Cambodia were stable or rising last month despite surges in Thailand and Vietnam, the Food and Agricultural Organization of the United Nations (FAO) said Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501363731/fao-says-cambodian-wholesale-rice-prices-stable-or-higher-last-month/

IMF urge cooperation for recovery

International Monetary Fund (IMF) managing director Kristalina Georgieva urged ASEAN leaders to invest in international cooperation as well as growth-enhancing reforms to fully recover and continue on the pre-pandemic path to prosperity amid a global economic slowdown. ...

May Kunmakara
https://phnompenhpost.com/business/imf-urge-cooperation-recovery

UNICEF urges action to reverse sharp decline in breastfeeding rates in Cambodia

The United Nations Children’s Fund (UNICEF) and its partners on Friday warned of an alarming decline in breastfeeding rates in Cambodia, calling for immediate action to reverse this downward trend. ...

Khmer Times Staff
https://www.khmertimeskh.com/501349286/unicef-urges-action-to-reverse-sharp-decline-in-breastfeeding-rates-in-cambodia/

More than 400,000 students benefit from World Bank education project

More than 400,000 Cambodian students are benefiting from expanding educational opportunities availed through the World Bank-funded Secondary Education Improvement Project (SEIP) that focuses on the construction of new school buildings, modern facilities and training teachers for capacity building. ...

Hang Punreay
https://www.khmertimeskh.com/501346582/more-than-400000-students-benefit-from-world-bank-education-project/

Cambodia asks IMF to review public debt mechanisms

The Minister of Economy and Finance (MEF) has requested the International Monetary Fund (IMF) to review the frameworks and mechanisms of sustainable public debt management in Cambodia, said an MEF official. ...

Kang Sothear
https://www.khmertimeskh.com/501344188/cambodia-asks-imf-to-review-public-debt-mechanisms/

World Bank project advances despite occupying indigenous burial grounds

Indigenous Bunong people from Roya Leu village offered rice wine and pork to a shrine, asking forest spirits to protect their land from the World Bank. ...

Andrew Califf, Sovann Sreypich, and Eung Sea
https://cambojanews.com/world-bank-project-advances-despite-occupying-indigenous-burial-grounds/

FAO launches weeklong agricultural workshop

The Food and Agriculture Organisation of the United Nations (FAO) has kicked off a weeklong provincial level training workshop to strengthen national capacity on analysis and interpretation of agricultural statistics and data. ...

Ben Sokhean
https://www.khmertimeskh.com/501336038/fao-launches-weeklong-agricultural-workshop/

ADB loan for TVET to boost skilled workforce in Cambodia

Cambodia will benefit through reforms and investments in technical and vocational education and training (TVET) combined with private sector participation with a new $100 million loan from the Asian Development Bank (ADB). ...

Khmer Times Staff
https://www.khmertimeskh.com/501335348/adb-loan-for-tvet-to-boost-skilled-workforce-in-cambodia/

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