News

Cambodia approves $9.4 billion for Government spending

The Cambodian government has approved the draft budget of 38,829 billion riels ($9.4 billion) for government spending in 2024, a decrease from $9.64 billion in 2023, reported Xinhua. ...

Khmer Times Staff
https://www.khmertimeskh.com/501383281/cambodia-approves-9-4-billion-for-government-spending/

Gov’t reveal 2024 revenue, spending plans

Cambodia is planning for government revenue and spending equivalent to 23.07 per cent and 26.29 per cent of GDP (gross domestic product) in 2024, respectively. ...

Van Socheata
https://www.phnompenhpost.com/business/govt-reveal-2024-revenue-spending-plans

Finance ministry absorbs French budgeting lessons

Vongsey Vissoth, permanent secretary of state and Minister attached to the Prime Minister, stressed the importance of learning from French budgetary practices to bolster Cambodia’s public financial management reform. ...

Van Socheata
https://www.phnompenhpost.com/national/finance-ministry-absorbs-french-budgeting-lessons

PM stresses budget allocation to step up economic growth

Prime Minister Hun Sen said future leaders of Cambodia and government institutions must allocate a budget for infrastructure projects that would help expedite economic growth. ...

Kang Sothear
https://www.khmertimeskh.com/501299917/pm-stresses-budget-allocation-to-step-up-economic-growth/

Salary rise for civil servants despite need to save funds

The government will still increase the salaries of civil servants, military and police personnel and retired people next year even though it needs to save funds to fight COVID-19.   ...

Sun Mesa
http://khmertimeskh.com/50700024/salary-rise-for-civil-servants-despite-need-to-save-funds

Economic benefits of birth control reported

Additional investments in family planning yields economic benefits and would save developing countries more than US$11 billion annually, according to a UN report. Better access to family planning in developing countries would reduce costs for maternal and newborn health care by $11.3 billion per year, according ...

http://www.phnompenhpost.com/index.php/2012111959804/Business/economic-benefits-of-birth-control-reported.html

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