Budget

The Cambodian government earned about $80 million leasing economic land concessions and forests to private companies over the last three years, according to a report from the Ministry of Economy and Finance released last week. The January report, signed by Prime Minister Hun Sen, found that ...

For Cambodia to provide quality public services will require reform of its financial management system, an economist says. “Public financial management” is the balance of government revenue and expenditures, and it requires strong institutions to build public services like education, health and infrastructure, Heng Dyna, an ...

National mail service provider Cambodia Post reported a 10 per cent increase in 2014 revenues yesterday, as increasing consumer confidence boosted use of the once-fledgling service. The service provider, which was privatised in 2011, collected $5.19 million in revenue last year, up 14 per cent from ...

Cambodia’s Anti-Corruption Unit has reported issuing repeated letters to government institutions demanding they stamp out the corrupt phenomenon of “ghost workers,” though after months of similar demands, little headway appears to have been made. ...

The chairman of parliament’s banking and finance commission yesterday rejected allegations of misuse of state funds at the National Assembly, which were raised on Tuesday by opposition lawmaker Son Chhay. Cheam Yeap, a ruling Cambodian People’s Party lawmaker who heads the commission, said Chhay was wrong ...

The Kingdom’s telecom regulator announced this week that it would transfer telco operator revenues it traditionally receives to the Ministry of Posts and Telecommunications as part of government reforms on revenue collection. ...

An opposition lawmaker in Siem Reap province is planning to file a complaint to the Constitutional Council to review National Assembly President Heng Samrin’s decision not to forward his request to terminate Sokimex’s Angkor Wat ticket collection licence. ...

The National Assembly’s Anti-Corruption Commission will visit Siem Reap this month to further probe claims Angkor Archaeological Park’s manager, the Apsara Authority, underreported ticket sales, as new figures show a drop in visitors to the World Heritage site last month. ...

Cambodia’s lowest paid high-school and primary-school teachers will receive a $25 increase to their base monthly salary by the end of May, the government revealed on Monday. Prime Minister Hun Sen announced the raise at the opening of the National Literacy Campaign on Monday and reiterated ...

A senior National Military Police commander has denied accusations he’s been skimming his officers’ wages, insisting the money docked covered their food. Via a statement by military police spokesman Kheng Tito, the deputy chief of the Security Information Department, Hong Vynal, hit back at claims on ...

An opposition lawmaker probing alleged irregularities in Angkor Archaeological Park’s ticket revenues says he’s sceptical about figures released yesterday by the site’s managers showing a boost in sales last month. ...

Motorcycle fatalities are claiming the lives of a third of people in Asia–but governments don’t seem to notice. In Cambodia, HIV/AIDS-related deaths equate to 2,300 per year, and the government allocates $58 million to combat the disease—but 2,000 deaths are caused by highway fatalities, with ...

The Apsara Authority will be summoned to the National Assembly next month to defend its stance in an embittered spat over revenue collected from ticket sales at Angkor Archaeological Park, according to opposition party lawmakers. Apsara, which manages the historical site of Angkorian temples, will be ...

The General Department of Taxation collected more than $1.06 billion in tax revenue in 2014 up by about 17.7 per cent on the $900 million collected in 2013, according to a statement from the tax department released yesterday. ...

Low-ranking police and soldiers will see their salaries increased before the start of Khmer New Year in mid-April, Prime Minister Hun Sen announced Monday. ...

The Apsara Authority admitted Thursday that millions of dollars it received in exchange for land leased to businessman Sok Kong for a hotel near Angkor Archaeological Park have not been paid to the Finance Ministry due to “a technical problem with accounting.” CNRP lawmaker Son Chhay ...

Cambodia spent around US$7 million on drugs for people living with HIV/AIDS every year, Vietnam News Agency (VNA) reports citing Cambodian media. The drug costs between US$157 and US$500 per person. ...

Cambodia’s National Assembly has adopted the government’s $3.9 billion budget for 2015 over the objections of opposition lawmakers, the parliament’s spokesman said Saturday. Spokesman Chheang Von of the ruling Cambodian People’s Party told Kyodo News that the budget was approved late Friday by 65 of the ...

A request for more information about the proposed $3.75 billon national budget has been denied and the bill will now likely pass through the National Assembly next week relatively unchanged, opposition lawmaker Son Chhay said yesterday. ...

A parliamentary commission leader wants Cambodia’s tourism ministry to manage revenue generated by the country’s iconic Angkor Wat temple complex, amid concerns that the government is losing money by retaining a private company to oversee ticket sales. A quasi-government group, Apsara Authority, which is responsible ...

The National Assembly’s banking and finance commission met Monday to discuss the proposed $3.8-billion budget for 2015, with lawmakers from both parliamentary parties agreeing that more specific details are needed before they can evaluate the plan, according to the commission’s deputy chairman, Son Chhay. Mr. Chhay, ...

The proposed 2015 education budget is inching upwards from last year’s funding, however it still falls short of internationally recommended minimums. Education is slated to take up a $396 million chunk of the $3.75 billion draft budget, which has yet to be approved by the National ...

The National Assembly’s mixed-party commission on finance will meet Monday to begin discussing the 2015 draft budget, its deputy chairman said Sunday. CNRP chief whip Son Chhay said the CPP-chaired committee would meet this morning to discuss the $3.8 billion budget and plan a meeting with ...

Cambodia’s agriculture sector is set to receive a funding boost, according to the government’s 2015 draft budget statements, but the anticipated increase has not impressed industry experts. The draft budget documents show the Ministry of Agriculture, Forestry and Fisheries will receive $126 million for 2015, ...