Aid and development

Multilateral development assistance

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/

Cambodia asks IMF to review public debt mechanisms

The Minister of Economy and Finance (MEF) has requested the International Monetary Fund (IMF) to review the frameworks and mechanisms of sustainable public debt management in Cambodia, said an MEF official. ...

Kang Sothear
https://www.khmertimeskh.com/501344188/cambodia-asks-imf-to-review-public-debt-mechanisms/

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/

FAO launches weeklong agricultural workshop

The Food and Agriculture Organisation of the United Nations (FAO) has kicked off a weeklong provincial level training workshop to strengthen national capacity on analysis and interpretation of agricultural statistics and data. ...

Ben Sokhean
https://www.khmertimeskh.com/501336038/fao-launches-weeklong-agricultural-workshop/

ADB loan for TVET to boost skilled workforce in Cambodia

Cambodia will benefit through reforms and investments in technical and vocational education and training (TVET) combined with private sector participation with a new $100 million loan from the Asian Development Bank (ADB). ...

Khmer Times Staff
https://www.khmertimeskh.com/501335348/adb-loan-for-tvet-to-boost-skilled-workforce-in-cambodia/

ADB approves $40m loan to improve public services

The Asian Development Bank (ADB) on Wednesday approved a $40 million policy-based loan to support the Government’s efforts to further enhance public service delivery. ...

Yatt Malai
https://kiripost.com/stories/adb-approves-40m-loan-to-improve-public-services

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/

ADB prepare $200M water package

The Ministry of Water Resources and Meteorology and representatives of the Asian Development Bank (ADB) met for talks on June 27 to discuss long-term investment in projects that would support the ministry’s crucial functions. Following negotiations, the ADB prepared a new $200 million package of ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/adb-prepare-200m-water-package

UN, GGGI and Government of Cambodia announce support to green bond issuers

In March, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Global Green Growth Institute (GGGI), and the Securities and Exchange Regulator of Cambodia (SERC), in collaboration with the Credit Guarantee and Investment Facility (CGIF) and GuarantCo, part of the ...

Khmer Times Staff
https://www.khmertimeskh.com/501314877/un-gggi-and-government-of-cambodia-announce-support-to-green-bond-issuers/

World Bank to support Cambodia’s skills initiative

Cambodia will likely start implementing a massive reskilling and upskilling project with the support of the World Bank in 2024 for which the bank has proposed an allocation of $40 million. A number of training institutions (TIs) and job centres (JCs) will be set up ...

Manoj Mathew
https://www.khmertimeskh.com/501305175/world-bank-to-support-cambodias-skills-initiative/

ADB offers Covid recovery package

Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-offers-covid-recovery-package

ADB supported crucial Cambodia sectors in 2022

The Asian Development Bank last year committed support to Cambodia in several important sectors, including coastal, marine fisheries, power and livestock value chain. ...

Adur Pradeep
https://www.khmertimeskh.com/501278623/adb-supported-crucial-cambodia-sectors-in-2022/

ADB warns Cambodia’s growth will be stunted by climate change

Cambodia’s long term economic growth faces significant threats from climate change and could dampen prospects for becoming an upper-middle income country in the coming years, according to the Asian Development Bank (ADB) report issued last week. ...

Sorn Sarath and Runn Sreydeth
https://cambojanews.com/adb-warns-cambodias-growth-will-be-stunted-by-climate-change/

ADB pegs economic growth for ‘23 at 5.5%

The Asian Development Bank (ADB) on April 4 pegged the Kingdom’s economic growth at 5.5 per cent for this year “on a more robust tourism recovery and higher growth in the services sector”. ...

Rann Reuy
https://www.phnompenhpost.com/business/adb-pegs-economic-growth-23-55

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/

Battambang town opens new landfill

A nearly 21ha landfill in Ta Kream commune’s Poi Svay village of Battambang province’s Banan district was inaugurated on March 20 as part of the second “Urban Environment Management in the Tonle Sap Basin” project, which is being funded through a loan from the Asian ...

Yuth Vireak
https://www.phnompenhpost.com/national/battambang-town-opens-new-landfill

Kamping Puoy reservoir irrigation working well

A delegation of the Ministry of Water Resources and Meteorology and the Asian Development Bank (ADB) on March 4 inspected the Kamping Puoy reservoir irrigation improvement project in Battambang province. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/kamping-puoy-reservoir-irrigation-working-well

Tina, ADB discuss farmer loans

The Ministry of Agriculture, Forestry and Fisheries and the Asian Development Bank (ADB) are discussing low-interest rate loans for farmers to fund the use of net houses for growing vegetables as well as improved irrigation technology. ...

Van Socheata
https://www.phnompenhpost.com/business/tina-adb-discuss-farmer-loans

UN specialist assessing LGBT rights in Kingdom

Victor Madrigal-Borloz, an independent UN specialist on protection against violence and discrimination based on sexual trends and gender identity, is on a 10 day tour of the Kingdom, at the request of the government. ...

Chea Sokny
https://www.phnompenhpost.com/national/un-specialist-assessing-lgbt-rights-kingdom

LGBT Rights in Cambodia to be assessed by UN Independent Expert

The UN Independent Expert on protection against violence and discrimination based on sexual orientation and gender identity, Victor Madrigal-Borloz, has started a  visit the Kingdom from Tuesday, January 10 to 20 January 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501217691/lgbt-rights-in-cambodia-to-be-assessed-by-un-independent-expert/

Cambodia sees new policy framework, ADB loan & BFC extension in 2022

Implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35, a pact with Japan to make Sihanoukville a major port, a $50-million loan from the Asian Development Bank to back economic diversification and boost competitiveness, and extension of the Better Factories Cambodia (BFC) programme ...

Khmer Times Staff
https://www.khmertimeskh.com/501211700/cambodia-sees-new-policy-framework-adb-loan-bfc-extension-in-2022/

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/

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