World Bank approves $275 million for Cambodia’s growth

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. ...

Rachel David
https://www.khmertimeskh.com/501510871/world-bank-approves-275-million-for-cambodias-growth/

World Bank approves major investment in water security for Cambodia

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. ...

AKP
https://www.khmertimeskh.com/501510586/world-bank-approves-major-investment-in-water-security-for-cambodia/

World Bank approves $79.5 million in financing to strengthen education 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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501498328/world-bank-approves-79-5-million-in-financing-to-strengthen-education-in-cambodia/

Minister, World Bank discuss active and new water projects

The Minister of Water Resources and Meteorology received a senior World Bank delegation to exchange lessons learned from on-going water and irrigation projects to improve the implementation of a new one. ...

Khmer Times Staff
https://www.khmertimeskh.com/501459832/minister-world-bank-discuss-active-and-new-water-projects/

$35M for rural road resilience work signed off by World Bank

The World Bank (WB) has approved an additional $35 million of financing projects which will improve the quality of rural roads in Kratie, Kampong Cham and Tbong Khmum provinces. It is expected that the work will improve the lives of more than two million people ...

Samban Chandara
https://www.phnompenhpost.com/national/-35m-for-rural-road-resilience-work-signed-off-by-world-bank

$35M rural road fund to boost health and education access

The World Bank has approved a $35 million credit to help rural roads in three Cambodian provinces become more climate resilient to ensure residents have access to critical services and markets amid shifting weather patterns. ...

Marissa Carruthers
https://kiripost.com/stories/35m-rural-road-fund-to-boost-health-and-education-access

Global economy will slow for a third straight year in 2024, World Bank predicts

That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will expand just 2.4% this year. That would be down from 2.6% growth in 2023, 3% in 2022 and a galloping 6.2% in 2021, which reflected the robust recovery ...

Kiripost staff writers
https://kiripost.com/stories/global-economy-will-slow-for-a-third-straight-year-in-2024-world-bank-predicts

World Bank says Cambodian economy advances amid external, domestic headwinds

Cambodia’s economic growth is projected to reach 5.4 percent in 2023, marginally down from the 5.5 percent forecast in May, the World Bank said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501396748/world-bank-says-cambodian-economy-advances-amid-external-domestic-headwinds/

World Bank says floods pose significant risk to education and healthcare in Cambodia

Seasonal flooding is the most common and frequent disaster in Cambodia. Major flooding events occur every five years and can be particularly devastating. ...

Khmer Times Staff
https://www.khmertimeskh.com/501394156/world-bank-says-floods-pose-significant-risk-to-education-and-healthcare-in-cambodia/

World Bank report explores path to climate-resilient economy

The World Bank has launched the Cambodia Country Climate and Development Report (CCDR), which provides critical insights into the Kingdom’s response to climate change and its impact on development goals. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-world-bank-report-explores-path-to-climate-resilient-economy

Waste management project takes shape

The Ministry of Environment, in collaboration with the World Bank, is poised to launch a project aimed at managing solid and plastic waste in five provinces in the near future. Discussions are underway to expedite the project’s implementation. ...

Bor Pich Zelin
https://phnompenhpost.com/national/waste-management-project-takes-shape

Growth pegged at 5.5% for ‘23 recovery stage by World Bank

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. ...

May Kunmakara
https://www.phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank

More than 400,000 students benefit from World Bank education project

More than 400,000 Cambodian students are benefiting from expanding educational opportunities availed through the World Bank-funded Secondary Education Improvement Project (SEIP) that focuses on the construction of new school buildings, modern facilities and training teachers for capacity building. ...

Hang Punreay
https://www.khmertimeskh.com/501346582/more-than-400000-students-benefit-from-world-bank-education-project/

World Bank project advances despite occupying indigenous burial grounds

Indigenous Bunong people from Roya Leu village offered rice wine and pork to a shrine, asking forest spirits to protect their land from the World Bank. ...

Andrew Califf, Sovann Sreypich, and Eung Sea
https://cambojanews.com/world-bank-project-advances-despite-occupying-indigenous-burial-grounds/

World Bank issues recommendations for Cambodia’s blue economy

The World Bank (WB) has released a set of recommendations for Cambodia’s sustainable blue economy development along with an analysis that focuses on three fundamental areas sectors related to marine policy, marine spatial planning and coastal livelihoods including blue growth sectors, said a report released ...

Kang Sothear ​
https://www.khmertimeskh.com/501319728/world-bank-issues-recommendations-for-cambodias-blue-economy/

WB sticks to Cambodia’s 5.2% growth forecast for 2023

World Bank has maintained the 2023 economic growth rate forecast for Cambodia at 5.2 percent while it lowered the prospects for the neighbouring countries Vietnam and Thailand from its October 2022 estimates. ...

Manoj Mathew
https://www.khmertimeskh.com/501266499/wb-sticks-to-cambodias-5-2-growth-forecast-for-2023/

World Bank says safeguarding financial stability in Cambodia is crucially important

In its Cambodia Economic Update, the World Bank has said that the country’s commercial real estate sector faces increased risks as financial conditions tighten. ...

Khmer Times Staff
https://www.khmertimeskh.com/501210119/world-bank-says-safeguarding-financial-stability-in-cambodia-is-crucially-important/

WB allots $274M for recovery

Cambodia is set to receive a $274 million credit from the World Bank (WB) “to promote a resilient recovery from the recent economic shocks” stemming from ongoing geopolitical competition among major powers and the Covid-19 crisis, more than two years on from the start of ...

May Kunmakara
https://www.phnompenhpost.com/business/wb-allots-274m-recovery

Cambodia’s GDP and Inflation to Rise This Year, World Bank Says

Cambodia’s GDP growth is estimated to reach 4.8% this year, and continue rising for the next two years while remaining below pre-pandemic levels, and inflation may hit 6%, more than double the rates of the last two years, the World Bank said. ...

Sorn Sarath and Matt Surrusco
https://cambojanews.com/cambodias-gdp-and-inflation-to-rise-this-year-world-bank-says/

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