Development policy and administration

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). ...

Laurel E. Eiller, President and Executive Director of the Asia Foundation, reaffirmed her commitment to supporting the Cambodian government during a meeting with Senate President Hun Sen at the Senate yesterday. ...

Minister of Water Resources and Meteorology Thor Chetha requested the Asian Development Bank (ADB) to continue investing in water resources management and meteorology systems to combat climate change and natural disasters. ...

The Royal Government of Cambodia (RGC) Saturday announced the establishment of working groups to monitor, review and evaluate the implementation of the development plans and strategic policies of the ministries and institutions based on the slogan ‘Strengthen and Organise Individual Home’. ...

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. ...

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 ...

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. ...

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. ...

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. ...

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. ...

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. ...

The Prime Minister of Cambodia, Dr. Hun Manet, stated that the Royal Government of the seventh mandate will sharpen its political program to benefit the people. ...

Prime Minister Hun Sen Tuesday emphasised that one of the key factors for Cambodia’s progress is reform. ...

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). ...

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. ...

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. ...

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.​ ...

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 ...

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. ...

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. ...

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. ...

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. ...

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. ...

Despite failing to meet many of the expectations of its foreign donors over the past two decades, Cambodia’s government has never struggled to secure aid from abroad. ...