Multilateral development assistance

The World Bank has approved $80 million in funding to enhance the quality of higher education in Cambodia, with a particular focus on science, technology, engineering and mathematics (STEM). ...

The International Monetary Fund (IMF) Monday urged members of the Cambodian Chamber of Commerce (CCC) to continue promoting the use of local currency to boost Cambodia’s economy stronger and less vulnerable to the negative effects of exchange rate fluctuations of the international currency. ...

The Permanent Mission of Cambodia to the United Nations (UN) in Geneva on Tuesday criticised the request from human rights experts at the UN to suspend the Cambodian Press Charter, claiming it was made with insufficient evidence. ...

Environment ministers and deputy ministers from the six countries of the Greater Mekong Subregion (GMS) have endorsed a new five-year environmental strategy. ...

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. ...

The Asian Development Bank (ADB) approved $93.6 million in loans and grants to improve and expand climate-resilient and inclusive rural water supply, sanitation, and hygiene (WASH) facilities for 88,000 households in 400 villages in 50 communes across nine provinces in Cambodia. ...

The Asian Development Bank (ADB) has approved a significant funding package of $93.6 million in loans and grants to improve and expand climate-resilient and inclusive rural water supply, sanitation, and hygiene (WASH) facilities across Cambodia. ...

The Asian Development Bank (ADB), a long-time development partner of Cambodia, on Wednesday reiterated its commitment to support the Royal Government’s national programme on skills development. ...

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 International Monetary Fund (IMF) has provided investigation training for officers of the General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance. ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) Tuesday held a meeting with specialists in natural resources and agriculture and representatives of the Asian Development Bank (ADB) as well as the officials from the Credit Guarantee Corporation of Cambodia (CGCC) to prepare a blueprint for ...

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 Asian Development Bank (ADB) has provided approximately $4.8 billion for 207 development activities in Cambodia as of December 31, 2023, significantly contributing to the country’s socio-economic progress since its first loan in 1970. ...

The Asian Development Bank (ADB) announced in a news release on Wednesday that it has committed approximately $1.26 billion to support the Cambodian government from 2024 to 2028. ...

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. ...

Cambodia’s inflation will remain stable this year at 2.3 percent, marginally up from 2.1 percent for 2023, generally in line with other parts of Asia and the Pacific, said the IMF Regional Economic Outlook April 2024. ...

Donors and the Asian Development Bank (ADB) have agreed to replenish $5 billion for its Asian Development Fund (ADF) and its Technical Assistance Special Fund. ...

The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...

The Ministry of Labor and Vocational Training hosted the second Mekong Dialogue on labor mobility on April 26, chaired by Hou Vuthy, Secretary of State of the Ministry of Labor. ...

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

The Ministry of Economy and Finance (MEF) in collaboration with Climate Investment Funds (CIF) and the Asian Development Bank (ADB) is co-hosting a four-day international forum aimed at exchanging experiences to address climate change, sustainable forestry and nature-based solutions in the Asia-Pacific region. ...

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. ...