Poverty policy and regulation

Poverty reduction

The macro challenges in Cambodia’s microfinance sector

In August, two local Cambodian organizations, Licadho and Sahmakum Teang Tnaut (STT) published Collateral Damage: Land Loss and Abuses in Cambodia’s Microfinance Sector, a report about the dangerous growth of the country’s microfinance sector. It spotlighted an issue that researchers have been warning about for years. A report ...

David Hutt
https://thediplomat.com/2019/10/the-macro-challenges-in-cambodias-microfinance-sector/

Germany to provide Cambodia $66M in loans, grants for infrastructure, poverty reduction

The German government announced on Tuesday that following negotiations with Cambodian officials it has decided to approve a package of $34 million in loans and $32 million in grants to develop rural infrastructure and reduce poverty. A press release by the German Embassy urged Cambodia, ...

Kann Vicheika
https://www.voacambodia.com/a/germany-to-provide-cambodia-66m-in-loans-grants-for-infrastructure-poverty-reduction/4920662.html

UN ‘apologizes’ to end row with Cambodia over poverty level measurement

The United Nations Development Program (UNDP) in Cambodia has reportedly “apologized” to the Cambodian government for publishing poverty statistics almost three times as high as the official estimate. ...

Aun Chhengpor
https://www.voacambodia.com/a/un-apologizes-to-end-row-with-cambodia-over-poverty-level-measurement/4607615.html

Poverty falling at rapid pace, says UNDP

Poverty in Cambodia has fallen dramatically over the last two decades, and continues to fall at a rapid pace, said a high official of the UNDP to Khmer Times yesterday. All the poverty rateslines, either based on income and other dimensions, have seen big reductions at a ...

Kazi Mahmood
https://www.khmertimeskh.com/50539134/poverty-falling-at-rapid-pace-says-undp/

UNDP report finds 35% of Cambodians still mired in poverty

Thirty-five per cent of Cambodians are still living in poverty, with the rural population making up the majority, according to estimates from the 2018 global Multidimensional Poverty Index (MPI) released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative ...

Voun Dara
https://www.phnompenhpost.com/national/undp-report-finds-35-cambodians-still-mired-poverty

Plan for rural poor

The United Nations Development Programme yesterday released a report analysing different methods of lifting Cambodia’s rural poor out of poverty. ...

Sen David
http://www.khmertimeskh.com/50101646/plan-rural-poor/

ADB signs $180M in loans to Cambodia

The Asian Development Bank (ADB) yesterday signed a $180 million package of loans and grants to Cambodia that are meant to improve the country’s roads, water supply and small-scale farms. One $70 million loan will go towards improving 147-kilometres’ worth of flood-prone stretches of National Road ...

Hor Kimsay and Brendan O’Byrne
http://www.phnompenhpost.com/business/adb-signs-180m-loans-cambodia

World Bank says more needed to end poverty in Kingdom

Cambodia may have reduced its levels of extreme poverty to the single-digits, but its middle class is nearly nonexistent and approximately half of its population remains highly susceptible to economic shocks, according to a World Bank report released yesterday. ...

Robin Spiess
http://www.phnompenhpost.com/business/world-bank-says-more-needed-end-poverty-kingdom

Hope replaces fear for street dwellers

For the city’s homeless, Phnom Penh’s busy intersections, pagodas, markets and tourist sites are places of work, where many beg for money, and often lay their heads. Others drag carts or bags around the capital, collecting recyclable waste and scrap materials to sell. ...

Pech Sotheary
http://www.khmertimeskh.com/5083116/hope-replaces-fear-street-dwellers/

Government lays out three-year plan for $5.4B public investment

Cambodia will need to spend about $5.4 billion on public investment over the next three years to maintain its economic growth while reducing poverty, according to a draft outline of the government’s three-year programme for public investment. ...

Hor Kimsay
http://www.phnompenhpost.com/business/government-lays-out-three-year-plan-54b-public-investment

Cambodia’s loss of LDC status will bring challenges: World Bank

As Cambodia continues its upward trajectory towards becoming a lower-middle-income country, it will face even greater challenges in reducing high levels of poverty as the Kingdom loses its preferential trade privileges and donor funding dries up, according to a new World Bank report. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/cambodias-loss-ldc-status-will-bring-challenges-world-bank

Ending poverty a big issue

The public has spoken and among their top priorities for spearheading sustainable development in Cambodia are eradicating poverty, administering quality education and achieving peace and justice, according to a new survey published by NGO World Vision. The survey takes focus on 2030’s UN Sustainable Development Goals ...

Safiya Charles
http://www.khmertimeskh.com/news/31539/ending-poverty-a-big-issue/

Government rolls out ambitious plan to eliminate hunger

Backed by the U.N., Cambodia on Wednesday launched a national action plan to completely eliminate hunger in the country by 2025, the first step in an ambitious initiative that the government signed on to last year. ...

Janelle Retka and Kang Sothear
https://www.cambodiadaily.com/news/government-rolls-out-ambitious-plan-to-eliminate-hunger-112190/

Net loss: fish stocks dwindle in Cambodia's Tonlé Sap lake

Despite the creation of a 200-hectare conservation area, fishing communities on south-east Asia’s largest freshwater lake fear their way of life is slipping away. ...

Sam Jones
http://www.theguardian.com/global-development/2015/dec/01/cambodia-tonle-sap-lake-fish-stocks-dwindle-conservation

Hunger drops by nearly 50 percent since 2000

Cambodia has experienced the largest decrease in hunger since 2000 among countries with severe levels of hunger, according to a new report released by three international NGOs, and is close to qualifying as a nation of “moderate” concern. ...

Janelle Retka
https://www.cambodiadaily.com/news/hunger-drops-by-nearly-50-percent-since-2000-97457/

Cambodia marks World Food Day, focusing on social protection, agriculture

Cambodia celebrated World Food Day here on Friday, stressing the importance of social protection and agriculture in eradicating hunger and poverty, according to a joint press statement. Gianpietro Bordignon, WFP Representative to Cambodia, said Cambodia has achieved an impressive economic development in the past decades, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-10/16/c_134721086.htm

Hun Sen lauds gains

In a series of meetings before the annual session of the UN General Assembly, Prime Minister Hun Sen highlighted Cambodia’s achievements as the world body set new targets to eradicate poverty and save the planet.Those achievements included “complete” peace, political stability, security and better public ...

Pav Suy
http://www.khmertimeskh.com/news/16227/hun-sen-lauds-gains/

Cambodian land concessions deepen poverty, report says

Cambodian land concessions granted to companies last year affected nearly 80,000 people, displacing many of them and increasing poverty, the NGO Forum on Cambodia says in a new report. ...

Hean Socheata
http://www.voanews.com/content/cambodian-land-concessions-deepen-poverty-report-says/2974456.html

New global development agenda lacks accountability, activists say

A new global plan for sustainable development was adopted at the United Nations in New York earlier this month, but questions are already being raised over whether goals intended to help raise people in countries like Cambodia out of poverty will be effective. ...

Oum Sonita
http://www.voacambodia.com/content/new-global-development-agenda-lacks-accountability-activists-say/2933282.html

Almost half of Cambodian youth fear unemployment

Almost half of Cambodia’s youth named future employment as their biggest worry, a new study by a local coalition of youth groups shows.Asked about their major worry in life, 49 percent of respondents aged between 15 and 35 said that not being able to find ...

Denise Hruby
http://www.aa.com.tr/en/economy/571449--almost-half-of-cambodian-youth-fear-unemployment

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