Ministry of Economy and Finance

The Ministry of Economy and Finance has confirmed plans to issue government bonds this year, intending to raise over $100 million to bolster the national budget and support various investment projects. ...

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

Starting in April, exporters of mineral products will be required to deposit a portion of export royalties, with withdrawal permitted upon fulfilment of all contractual obligations. The Ministry of Economy and Finance, in conjunction with the Ministry of Mines and Energy, issued an inter-ministerial prakas on ...

The Ministry of Foreign Affairs and International Cooperation (MFAIC) held talks with a delegation from the Embassy of Japan (EoJ) aimed at exchanging views and methods to accelerate banking document procedures in receiving Japanese grant aid for development projects in the Kingdom. ...

Cambodia earned $5.9 billion in revenues from all kinds of taxes in 2023, a 3.9 percent decrease compared to $6.14 billion in 2022, as per an official report released on Friday. ...

The Royal Government of Cambodia (RGC) has a total public debt stock of $10.72 billion by the third quarter (Q3) of 2023 of which 99.5 percent is public external debt and the remaining goes to the public domestic debt, said the Ministry of Economy and ...

A social media post appeared recently promising all Cambodian citizens a cash donation from the government. ...

Economists and business leaders anticipate a dynamic 2024 for Cambodia’s industrial sector, with the government expecting it to outpace services and agriculture, driven by a wave of new investment projects. ...

King Norodom Sihamoni has issued a Royal Kram promulgating the 2024 Law on Financial Management after the National Assembly (NA) approved it on November 16 and the Senate reviewed it on November 24. ...

The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...

The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from the capital market for public investments. ...

Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...

The government’s national revenue collection in the first 10 months of 2023 reached nearly $4.9 billion, equating to almost 78% of the target set by the 2023 Law on Financial Management, while total expenditures stood at over $6.3 billion, as reported by the Ministry of ...

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, yesterday reassured that the Royal Government’s vision 2030 and 2050 is not a dream. ...

Cambodia and Singapore have recently signed the Second Protocol Amending the Bilateral Double Taxation Agreement (DTA), to bring the agreement in line with the latest international standards. ...

Cambodia’s GDP per capita is forecast to hit $2,071 in 2024, up from some $1,917 in 2023, said a report from the Ministry of Economy and Finance on Saturday. ...

Deputy Prime Minister and Minister of Economy and Finance (MEF) on Monday asked the Working Group on Law, Tax and Governance of the Government Private Sector Forum (GPS-F) to form an ad-hoc commission to solve complicated technical tax issues by the end of this year, ...

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. ...

Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth unveiled Cambodia’s Financial Technology (fintech) Development Policy for 2023-2028, asserting its potential to harness the advantages of digital transformation in the financial sector and invigorate the country’s socio-economic landscape. ...

Cambodia saw a jump increase in gold exports in the first semester of this year, as more domestic gold refinery plants started commercial products. ...

At least $1 billion is required to invest in completing the unfinished buildings in the coastal city Sihanoukville, said a senior official at the Preah Sihanouk Provincial Administration. ...

The total trade volume between Cambodia and its partners around the world reached almost $32 billion in the first eight months of 2023, down 14.5 percent compared to the same period last year. ...

Cambodians abroad will soon be able to renew their passports in the country they are in. The government will offer this service starting with South Korea as it is home to some 50,000 Cambodian migrant workers.​ ...

Prime Minister Hun Manet asked Deputy Prime Minister and Minister of Economy and Finance (MEF) and Chairman of the Committee on Economic and Financial Policy Aun Pornmoniroth to simplify business registration and reduce tax burdens for the self-employed in the informal economy to be formalised ...