World Bank

Cambodia’s Vision 2050 received a boost as the World Bank Tuesday reaffirmed its commitment to supporting the country’s long-term development through a newly approved Partnership Framework (2025-2029). ...

In its annual Cambodia Economic Update, released this month, the World Bank notes that only 39 per cent of Cambodian firms cite inadequate education as an obstacle to doing business. ...

The Ministry of Education, Youth, and Sports is in discussions to undertake mutual work with the World Bank (WB) to run the upcoming “Basic Education Project 2025-2030” aimed at improving the educational sector in the kingdom. ...

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. ...

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. ...

The World Bank approved an additional $79.5 million to enhance education quality and access 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. ...

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

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. ...

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 ...

Cambodia’s economic growth is projected to reach 5.4 percent in 2023, marginally down from the 5.5 percent forecast in May, the World Bank said on Wednesday. ...

Seasonal flooding is the most common and frequent disaster in Cambodia. Major flooding events occur every five years and can be particularly devastating. ...

The World Bank has launched the Cambodia Country Climate and Development Report (CCDR), which provides critical insights into the Kingdom’s response to climate change and its impact on development goals. ...

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. ...

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. ...

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. ...

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. ...

The World Bank (WB) has released a set of recommendations for Cambodia’s sustainable blue economy development along with an analysis that focuses on three fundamental areas sectors related to marine policy, marine spatial planning and coastal livelihoods including blue growth sectors, said a report released ...

The World Bank has approved a $60-million to Cambodia to support the kingdom’s improvement of solid waste and plastics management, according to its press statement on Thursday. ...

World Bank has maintained the 2023 economic growth rate forecast for Cambodia at 5.2 percent while it lowered the prospects for the neighbouring countries Vietnam and Thailand from its October 2022 estimates. ...