Aid and development

Multilateral development assistance

ADB gives Cambodia $10M to address GBV

The Asian Development Bank (ADB) approved $10 million in grant financing to address gender-based violence (GBV) in Cambodia to help meet the country’s target of zero GBV by 2030. ...

Khmer Times Staff
https://www.khmertimeskh.com/501585567/adb-gives-cambodia-10m-to-address-gbv/

World Bank supports Cambodia's higher education with $80M project

The World Bank has approved $80 million in funding to enhance the quality of higher education in Cambodia, with a particular focus on science, technology, engineering and mathematics (STEM). ...

Post Staff
https://www.phnompenhpost.com/national/world-bank-supports-cambodia-s-higher-education-with-80m-project

IMF urges private sector to continue promoting riel

The International Monetary Fund (IMF) Monday urged members of the Cambodian Chamber of Commerce (CCC) to continue promoting the use of local currency to boost Cambodia’s economy stronger and less vulnerable to the negative effects of exchange rate fluctuations of the international currency. ...

Chea Vanyuth
https://www.khmertimeskh.com/501561130/imf-urges-private-sector-to-continue-promoting-riel/

Cambodian UN rep dismisses request to suspend Press Charter

The Permanent Mission of Cambodia to the United Nations (UN) in Geneva on Tuesday criticised the request from human rights experts at the UN to suspend the Cambodian Press Charter, claiming it was made with insufficient evidence. ...

Khmer Times Staff
https://www.khmertimeskh.com/501561918/cambodian-un-rep-dismisses-request-to-suspend-press-charter/

Education Ministry and World Bank boost ‘basic education projects’

The Ministry of Education, Youth, and Sports is in discussions to undertake mutual work with the World Bank (WB) to run the upcoming “Basic Education Project 2025-2030” aimed at improving the educational sector in the kingdom. ...

Nop Sreymao
https://www.khmertimeskh.com/501552530/education-ministry-and-world-bank-boost-basic-education-projects/

ADB approves $93.6M financing to support​‘WASH’ services in 400 Cambodian villages

The Asian Development Bank (ADB) approved $93.6 million in loans and grants to improve and expand climate-resilient and inclusive rural water supply, sanitation, and hygiene (WASH) facilities for 88,000 households in 400 villages in 50 communes across nine provinces in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501551878/adb-approves-93-6m-financing-to-supportwash-services-in-400-cambodian-villages/

ADB approves $93.6 million to enhance rural water and sanitation facilities in Cambodia

The Asian Development Bank (ADB) has approved a significant funding package of $93.6 million in loans and grants to improve and expand climate-resilient and inclusive rural water supply, sanitation, and hygiene (WASH) facilities across Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501551522/adb-approves-93-6-million-to-enhance-rural-water-and-sanitation-facilities-in-cambodia/

ADB committed to Cambodia’s skills development programme

The Asian Development Bank (ADB), a long-time development partner of Cambodia, on Wednesday reiterated its commitment to support the Royal Government’s national programme on skills development. ...

Manoj Mathew
https://www.khmertimeskh.com/501546083/adb-committed-to-cambodias-skills-development-programme/

Minister seeks continued ADB support to combat climate change

Minister of Water Resources and Meteorology Thor Chetha requested the Asian Development Bank (ADB) to continue investing in water resources management and meteorology systems to combat climate change and natural disasters. ...

Ry Sochan
https://www.phnompenhpost.com/national/minister-seeks-continued-adb-support-to-combat-climate-change

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/

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/

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/

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/

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/

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/

Kingdom hosts int’l forum on climate change

The Ministry of Economy and Finance (MEF) in collaboration with Climate Investment Funds (CIF) and the Asian Development Bank (ADB) is co-hosting a four-day international forum aimed at exchanging experiences to address climate change, sustainable forestry and nature-based solutions in the Asia-Pacific region. ...

Nhean Chamrong
https://www.khmertimeskh.com/501466112/kingdom-hosts-intl-forum-on-climate-change/

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