IPU Finds Assembly Has Little Loans Oversight

Cambodia’s National Assembly is lacking, compared to other countries’ parliaments, in the oversight it exercises over new loans taken out by the government from international financial institutions, according to a new report. The study, published Tuesday by Geneva-based Inter-Parliamentary Union (IPU) and the World Bank, found that Cambodia is one of only 41 percent of countries where the Parliament is not legally required to ratify loans from the World Bank or the International Monetary Fund. …

http://www.cambodiadaily.com/business/ipu-finds-assembly-has-little-loans-oversight-36432/