Aid and development

Govt, JICA sign $57.5 million deal to improve NR 5

The Royal Government of Cambodia (RGC) and Japan International Cooperation Agency (JICA) Friday signed a $55 million loan agreement to improve the National Road 5 (NR 5) and a $2.5 million grant agreement to boost the Human Resource Development Scholarship (JDS).​ ...

N​h​e​an​ C​ham​ron​g​
https://www.khmertimeskh.com/501526838/govt-jica-sign-57-5-million-deal-to-improve-nr-5/

IMF trains Cambodian customs officers in investigation techniques

The International Monetary Fund (IMF) has provided investigation training for officers of the General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance. ...

Khmer Times Staff
https://www.khmertimeskh.com/501520510/imf-trains-cambodian-customs-officers-in-investigation-techniques/

Japan to provide $50M for Phnom Penh power project

The Japanese government has agreed to provide eight billion yen (about $50 million) in financing the Phnom Penh City Electricity Transmission and Distribution System Expansion Project. ...

Man​oj ​Mat​hew​
https://www.khmertimeskh.com/501520191/japan-to-provide-50m-for-phnom-penh-power-project/

Japan offers $103M aid and loan to Cambodia, both vow to strengthen relations cooperation

Cambodian and Japanese bilateral relationship and cooperation have further strengthened, following a visit by Japanese Foreign Affairs Minister Yoko Kamikawa on July 6. ...

Sovann Sreypich and Tang Porgech
https://cambojanews.com/japan-offers-103m-aid-and-loan-to-cambodia-both-vow-to-strengthen-relations-cooperation/

Govt sets up teams to monitor development works

The Royal Government of Cambodia (RGC) Saturday announced the establishment of working groups to monitor, review and evaluate the implementation of the development plans and strategic policies of the ministries and institutions based on the slogan ‘Strengthen and Organise Individual Home’. ...

N​h​e​an​ C​ham​ron​g
https://www.khmertimeskh.com/501519498/govt-sets-up-teams-to-monitor-development-works/

Japan grants Cambodia approximately $60M in aid and loans

Cambodia and Japan signed and exchanged notes concerning a yen loan project and a grant aid project during Japanese Foreign Minister Kamikawa Yoko’s official visit to Cambodia from July5-6, 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501519125/japan-grants-cambodia-approximately-60m-in-aid-and-loans/

Blueprint to implement agricultural reforms underway

The Ministry of Agriculture, Forestry and Fisheries (MAFF) Tuesday held a meeting with specialists in natural resources and agriculture and representatives of the Asian Development Bank (ADB) as well as the officials from the Credit Guarantee Corporation of Cambodia (CGCC) to prepare a blueprint for ...

Mom Kunthear
https://www.khmertimeskh.com/501517086/blueprint-to-implement-agricultural-reforms-underway/

MRC, USAID partner to enhance Mekong Basin management

The US Agency for International Development (USAID) has signed a grant agreement worth $5 million with the Mekong River Commission (MRC) to launch their new Mekong Basin Partnership. ...

Khmer Times Staff
https://www.khmertimeskh.com/501514652/mrc-usaid-partner-to-enhance-mekong-basin-management/

Cambodia discusses plans to localize the global Sendai Gender Action Plan

Representatives from the Swiss Agency for Development and Cooperation, Swedish International Development Cooperation Agency, National Committee for Disaster Management, Ministry of Women’s Affairs, and UN Women at a multi-stakeholder dialogue on gender action plans for disaster risk reduction. ...

Khmer Times Staff
https://www.khmertimeskh.com/501513136/cambodia-discusses-plans-to-localize-the-global-sendai-gender-action-plan/

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 Vision improves livelihoods of 1.5 million Cambodian children in 2023

More than 3.2 million people in Cambodia, including 1.5 million children, have been given access to clean water, inclusive education, improved nutrition and accessible health care services, according to World Vision International in Cambodia’s annual report. ...

Meas Molika
https://kiripost.com/stories/world-vision-improves-livelihoods-of-15-million-cambodian-children-in-2023

Japan pledges to continue assistance to Cambodia

Heng Sour, Minister of Labour and Vocational Training of Cambodia met Miyazaki Masahisa, Minister of Labour and Welfare of the Kingdom of Japan in Geneva, Switzerland on Monday to discuss means to further strengthen the bilateral in the field of labour. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501505070/japan-pledges-to-continue-assistance-to-cambodia/

ADB contributes $4.8 billion to Cambodia’s development since 1970

The Asian Development Bank (ADB) has provided approximately $4.8 billion for 207 development activities in Cambodia as of December 31, 2023, significantly contributing to the country’s socio-economic progress since its first loan in 1970. ...

Hong Raksmey
https://www.phnompenhpost.com/national/adb-contributes-4-8-billion-to-cambodia-s-development-since-1970

ADB commits $1.26 bln to support Cambodia’s development for 5 years

The Asian Development Bank (ADB) announced in a news release on Wednesday that it has committed approximately $1.26 billion to support the Cambodian government from 2024 to 2028. ...

Khmer Times Staff
https://www.khmertimeskh.com/501505346/adb-commits-1-26-bln-to-support-cambodias-development-for-5-years/

Ministry plans to create 250 new model villages by end of seventh mandate in 2028

After the successful establishment of 30 model villages, the Ministry of Rural Development is preparing to collect information on the status of other villages to create an additional 250 by the end of the seventh mandate in 2028, aiming to help develop infrastructure and provide ...

Phak Seangly
https://www.phnompenhpost.com/national/ministry-plans-to-create-250-new-model-villages-by-end-of-seventh-mandate-in-2028

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/

EU Ambassador sees NA and the EP forging stronger ties

Igor Driesmans, Ambassador of the European Union (EU) to Cambodia, in a meeting with National Assembly (NA) President Khuon Sudary, expressed his firm belief for enhanced cooperation between the NA and the European Parliament (EP). ...

Hang Punreay
https://www.khmertimeskh.com/501489189/eu-ambassador-sees-na-and-the-ep-forging-stronger-ties/

IMF says Cambodia’s inflation to be stable at 2.3 percent in 2024

Cambodia’s inflation will remain stable this year at 2.3 percent, marginally up from 2.1 percent for 2023, generally in line with other parts of Asia and the Pacific, said the IMF Regional Economic Outlook April 2024. ...

Manoj Mathew
https://www.khmertimeskh.com/501483848/imf-says-cambodias-inflation-to-be-stable-at-2-3-percent-in-2024/

$5 billion ADB replenishment agreed for most vulnerable countries

Donors and the Asian Development Bank (ADB) have agreed to replenish $5 billion for its Asian Development Fund (ADF) and its Technical Assistance Special Fund. ...

Khmer Times Staff
https://www.khmertimeskh.com/501483069/5-billion-adb-replenishment-agreed-for-most-vulnerable-countries/

IMF revises Cambodia’s GDP up 35% with 2014 base

The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...

Manoj Mathew
https://www.khmertimeskh.com/501482271/imf-revises-cambodias-gdp-up-35-with-2014-base/

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