Sub-committee created to bolster social security system

In a bid to improve the welfare of the poor and most vulnerable, the government has reinforced the National Social Protection Council (NSPC) with the creation of a Social Assistance Sub-Committee (SASC). As per Sub-Decree No 244 – signed on December 31, last year by ...

Long Kimmarita
https://www.phnompenhpost.com/national/sub-committee-created-bolster-social-security-system

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

China eyes poverty reduction

China, which lifted a large number of its almost 1.5 billion citizens from economic hardship over the decades, has pledged to assist Cambodia to alleviate poverty among its people. The assurance was conveyed by Huang Xilian, the Chinese Ambassador to Asean during the two Asean-China-UNDP ...

Niem Chheng
https://www.phnompenhpost.com/national/china-eyes-poverty-reduction

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