Multilateral development assistance

The Ministry of Environment, in collaboration with the World Bank, is poised to launch a project aimed at managing solid and plastic waste in five provinces in the near future. Discussions are underway to expedite the project’s implementation. ...

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. ...

The Food and Agriculture Organization of the United Nations (FAO) in Cambodia recently hosted a workshop bringing together stakeholders from the private and public sectors of the livestock industry. ...

The Asian Development Bank (ADB) signed two loan agreements with the Ministry of Economy and Finance on Tuesday for a total of $140 million to boost the quality of Cambodia’s workforce through technical and vocational education and training (TVET) and improve public service delivery by ...

Cambodia has received $140 million in loans from the Asian Development Bank (ADB) to boost labour development to transform the country into a technology-driven, knowledge-based industrial economy while enhancing public service delivery by local administrations through public finance and decentralisation reforms. ...

Two international organisations have forecast Cambodia’s economic growth to be around 5.3 per cent this year as the economy continues to be impacted by lower than expected expansion in the industrial and agriculture sector in the first half (H1), stemming from the regional and global ...

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, and his spouse Dr. Pech Chanmony, led a high-level delegation of the Royal Government of Cambodia to attend the “United Nations for the 78thGeneral Assembly” in New York, USA from September 21 to 25, 2023. ...

Wholesale rice prices in Cambodia were stable or rising last month despite surges in Thailand and Vietnam, the Food and Agricultural Organization of the United Nations (FAO) said Wednesday. ...

International Monetary Fund (IMF) managing director Kristalina Georgieva urged ASEAN leaders to invest in international cooperation as well as growth-enhancing reforms to fully recover and continue on the pre-pandemic path to prosperity amid a global economic slowdown. ...

The United Nations Children’s Fund (UNICEF) and its partners on Friday warned of an alarming decline in breastfeeding rates in Cambodia, calling for immediate action to reverse this downward trend. ...

More than 400,000 Cambodian students are benefiting from expanding educational opportunities availed through the World Bank-funded Secondary Education Improvement Project (SEIP) that focuses on the construction of new school buildings, modern facilities and training teachers for capacity building. ...

The Minister of Economy and Finance (MEF) has requested the International Monetary Fund (IMF) to review the frameworks and mechanisms of sustainable public debt management in Cambodia, said an MEF official. ...

Indigenous Bunong people from Roya Leu village offered rice wine and pork to a shrine, asking forest spirits to protect their land from the World Bank. ...

The Food and Agriculture Organisation of the United Nations (FAO) has kicked off a weeklong provincial level training workshop to strengthen national capacity on analysis and interpretation of agricultural statistics and data. ...

Cambodia will benefit through reforms and investments in technical and vocational education and training (TVET) combined with private sector participation with a new $100 million loan from the Asian Development Bank (ADB). ...

The Asian Development Bank (ADB) on Wednesday approved a $40 million policy-based loan to support the Government’s efforts to further enhance public service delivery. ...

The World Bank (WB) has released a set of recommendations for Cambodia’s sustainable blue economy development along with an analysis that focuses on three fundamental areas sectors related to marine policy, marine spatial planning and coastal livelihoods including blue growth sectors, said a report released ...

The Ministry of Water Resources and Meteorology and representatives of the Asian Development Bank (ADB) met for talks on June 27 to discuss long-term investment in projects that would support the ministry’s crucial functions. Following negotiations, the ADB prepared a new $200 million package of ...

In March, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Global Green Growth Institute (GGGI), and the Securities and Exchange Regulator of Cambodia (SERC), in collaboration with the Credit Guarantee and Investment Facility (CGIF) and GuarantCo, part of the ...

Cambodia will likely start implementing a massive reskilling and upskilling project with the support of the World Bank in 2024 for which the bank has proposed an allocation of $40 million. A number of training institutions (TIs) and job centres (JCs) will be set up ...

The World Bank has approved a $60-million to Cambodia to support the kingdom’s improvement of solid waste and plastics management, according to its press statement on Thursday. ...

Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...

The Asian Development Bank last year committed support to Cambodia in several important sectors, including coastal, marine fisheries, power and livestock value chain. ...

Cambodia’s long term economic growth faces significant threats from climate change and could dampen prospects for becoming an upper-middle income country in the coming years, according to the Asian Development Bank (ADB) report issued last week. ...