Multilateral development assistance

The World Bank has forecast a sharp contraction of negative two percent for the local economy this year, adding that Cambodia’s unfavourable growth outlook alongside disruptions to jobs and lower household incomes means poverty is likely to increase. ...

Cambodia has dispatched 218 Blue Helmets to join the United Nation’s peacekeeping mission in Mali. ...

The Asian Development Bank (ADB)approved a $127.8 million loan on Friday to expand the construction of transmission lines and substations, aiming to help provide Phnom Penh and three other provinces with a stable and reliable electricity supply. ...

The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply. ...

The Cambodian Permanent Mission to the UN Office in Geneva on Wednesday urged UN Special Rapporteur on Human Rights in Cambodia Rhona Smith to strictly observe the code of conduct and her office’s operations manual.​ ...

Prime Minister Hun Sen today changed his mind by not asking the United Nations to postpone replacement of Cambodian peacekeeping troops on their mission abroad. ...

Prime Minister Hun Sen has called on the United Nations to delay the replacement of Cambodian peacekeeping forces due to COVID-19 pandemic. ...

A conference was held at the UN Development Programme (UNDP) head office in Phnom Penh as well as over video conference to discuss a new report conducted by the UN and the Institute for Manufacturing Educational Consultancy Services (IfM ECS) within the University of Cambridge). ...

The World Bank has approved a $100 million credit from the International Development Association (IDA) to improve access to basic services and economic opportunities in Cambodia. ...

The United Nations is providing $1 million for a joint programme with the government to provide support to returning migrant workers in three provinces. ...

The United Nations is providing $1 million for a joint programme with the government to provide support to returning migrant workers in three provinces. Interior Minister Sar Kheng said yesterday the six-month programme will be carried out in Banteay Meanchey, Battambang and Siem Reap provinces. ...

Khmer Times can report that the Asian Development Bank (ADB) is proposing to provide $1.5211 billion of new funding in its updated Cambodia country operations and business plan (COBP) 2021-2023. ...

The Asian Development Bank (ADB) on Wednesday approved a $250 million loan to help the Cambodian government respond to the Covid-19 pandemic by strengthening the healthcare system and increasing social assistance to the poor and vulnerable. ...

The World Bank has approved  $93 million credit from the International Development Association (IDA) for the Cambodia Land Allocation for Social and Economic Development Project III (LASED III). The project will help improve land tenure security and access to infrastructure and agricultural and social services ...

With its aim to expand solar energy investment by 12 percent by the end of this year and increase it up to 20 percent over the next three years, Cambodia has been facing challenges of transiting to clean energy development, according to a case study ...

The Asian Development Bank has renewed the push for Cambodia and the Asian region to refocus its efforts away from the current “Ocean Economy” and towards a new, more sustainable “Blue Economy”, as yesterday marked World Oceans Day. ...

Economic data released this week by the International Monetary Foundation (IMF) shows that the long-lasting effects of five previous pandemics and their economic shocks have much worse effects on the employment prospects for workers with low levels of educational attainment.​​ ...

Cambodia is to join the ranks of declining overseas worker remittances this year after the World Bank projected global remittances will decline sharply by about 20 percent in 2020 because of the economic crisis induced by the COVID-19 pandemic and consequent business shutdowns ...

The International Fund for Agricultural Development (IFAD), a global finance organisation and a specialised United Nations (UN) agency, has announced plans to work with the Cambodian government to leverage “a programmatic approach” to ease the economic distress and prevent food securit y stresses caused by ...

The International  Monetary Fund (IMF)said that the outlook for some Asia Pacific countries were much brighter, including Cambodia which is forecasted to have a nominal combined GDP projected growth of  1.0 percent this year before surging 8.5 percent next year. ...

A 60-megawatt solar station, supported by a $7.64 million loan from Asia Development Bank (ADB) is scheduled to be built later this year in Kampong Chhnang province, north of Phnom Penh. ...

The World Bank has warned that the significant growth recorded in the construction and real-estate sector, considered one of the country’s economic pillars, could ultimately affect overall growth due to a trinity of unanticipated and now negative factors. ...

The Asian Development Bank (ADB) has predicted that the real economic growth of Cambodia will reach 2.3 percent this year and will be around 5.7 percent in 2021, according to the newly released report on ADB’s flagship annual economic publication titled, Asian Development Outlook 2020. ...

The World Bank has approved $20 million for Cambodia’s Covid-19 response and its strategic plan to combat the virus. ...