Aid and development
Multilateral development assistance
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. ...
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 extends $79.5M to improve education quality and access in Cambodia
The World Bank approved an additional $79.5 million to enhance education quality and access in Cambodia. ...
Ly Rosslan
https://cambojanews.com/world-bank-extends-79-5m-to-improve-education-quality-and-access-in-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/
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/
Ministry of Labor and Vocational Training hosts Second Mekong Dialogue on labor mobility
The Ministry of Labor and Vocational Training hosted the second Mekong Dialogue on labor mobility on April 26, chaired by Hou Vuthy, Secretary of State of the Ministry of Labor. ...
Khmer Times Staff
https://www.khmertimeskh.com/501479178/ministry-of-labor-and-vocational-training-hosts-second-mekong-dialogue-on-labor-mobility/
Women get paid 11 percent less in public sector in Cambodia
Women get paid 11 percent less than men when working in the public sector, said a recent World Bank report. ...
Rachel David
https://www.khmertimeskh.com/501474097/women-get-paid-11-percent-less-in-public-sector-in-cambodia/
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/
World Bank sees Cambodia and Philippines as fastest growing developing ASEAN economies this year
The World Bank forecast Monday that GDP in Cambodia and the Philippines would expand by 5.8 percent this year, making the two countries the fastest growing developing economies in Southeast Asia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501466304/world-bank-sees-cambodia-and-philippines-as-fastest-growing-developing-asean-economies-this-year/
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/
World Bank approves additional $35 mln credit to Cambodia for improving climate-resilient roads
The World Bank has approved an additional 35 million U.S. dollars credit to Cambodia for improving climate-resilient rural roads in three provinces, its press release said on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501457100/world-bank-approves-additional-35-mln-credit-to-cambodia-for-improving-climate-resilient-roads/
$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
Cambodia’s GDP likely to touch $35B this year, ministry says
Cambodia’s GDP could touch $35 billion (143 trillion riel) this year, said a senior official from the Ministry of Economy and Finance. ...
Rachel David
https://www.khmertimeskh.com/501443985/cambodias-gdp-likely-to-touch-35b-this-year-ministry-says/
Cambodia feted with IFAD Gender Award in Rome
Cambodia came under the spotlight in Europe recently as its project was bestowed with a prestigious honour in Rome. At the International Fund for Agricultural Development (IFAD) ’s annual Governing Council, the Tonle Sap Smallholder Development Project – Additional Financing (TSSD-AF) – co-financed by IFAD ...
Khmer Times Staff
https://www.khmertimeskh.com/501443188/cambodia-feted-with-ifad-gender-award-in-rome/
UN provides compensation for Cambodians hurt or slain in missions
The United Nations (UN), through the Ministry of Foreign Affairs and International Cooperation of Cambodia, has provided compensation for peacekeepers wounded or killed for the cause of humanity and peace around the world during missions in Lebanon and Mali. ...
Hang Punreay
https://www.khmertimeskh.com/501431049/un-provides-compensation-for-cambodians-hurt-or-slain-in-missions/
UNDRR Lauds Cambodia’s Disaster Management
The United Nations for Disaster Risk Reduction (UNDRR) has commended Cambodia’s disaster management and its effective response to disasters. ...
Khmer Times Staff
https://www.khmertimeskh.com/501427483/undrr-lauds-cambodias-disaster-management/