Cambodia’s poverty rate falls to 16.6 pct: UNDP

The poverty rate in Cambodia had declined to 16.6 percent in 2022 from 36.7 percent in 2014, according to a United Nations Development Program (UNDP) report on Thursday. ...

Khmer Times Staff

Cambodia's poverty cut in half from 2009 to 2019: World Bank report

A report published by the World Bank on November 28 states that Cambodia’s national poverty rate fell by almost half between 2009 and 2019, but the Covid-19 pandemic recently reversed some of the poverty reduction progress. ...

Yuth Vireak

Pandemic hampers Cambodia’s poverty reduction progress: World Bank

A report released by the World Bank shows that the poverty rate in Cambodia has dropped by almost half between 2009 and 2019, but with the Covid-19 pandemic, the poverty rate has been rising. ...

Khmer Times Staff

Cambodia’s poverty rate halved in 2019

Rising non-farm earnings, such as tourism, garment and construction sectors, helped to cut Cambodia’s national poverty to 17.8 percent from 33.8 percent between 2009 and 2019, the World Bank’s latest poverty assessment report for Cambodia stated. ...

Kiripost staff writers

GDP growth to shrink to 4.9% as poverty rate inches up

Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...

Kiripost staff writers

Poverty rate dropped to 17.8% in 2020

The poverty rate in Cambodia fell to 17.8%  in 2020, from nearly 40%  in 2009, according to a senior official at the Ministry of Planning. ...

Sok Sithika

Poverty rate increases in Cambodia due to Covid-19

The poverty rate of the Cambodian population has increased from 13.5 percent in 2014 to 17.8 percent in 2019 and 2020, according to a senior official at the Ministry of Planning. ...

Sok Sithika

No change in P Vihear province poverty rate

Preah Vihear Provincial Administration has reported only a slight decline in the poverty rate despite a steady decrease before the pandemic. ...

Chhun Sunly

Cambodian PM vows to bring greater prosperity to his people

Cambodian Prime Minister Hun Sen said he had set a vision that his country will be among countries with upper middle income by the year of 2030. He said Cambodia has laid out strategies and action plans to achieve an annual economic growth of 6-7 ...

1.5 mln hectares of land concessions granted

Hun Sen announced that 1.5 mln hectares of Economic Land Concessions were granted to private companies. 1.2 mln hectares, 80 percent, of the concessions are used for rubber plantation sector. He said, that Cambodia still maintain[s] 9.2 mln hectares of forest land even though 1.5 mln ...

Cambodia’s Economic Growth Will Help Poverty Reduction

Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...

Cambodia To Become Lower-Middle-Income Nation By End of 2013: PM

Cambodian Prime Minister Hun Sen said Monday that the country would move from the status of a low-income to a lower-middle-income nation by the end of this year. “We acknowledge that we are in the status of a low-income country with GDP per capita of less ...

MFI survey claims debtor success

A survey by Cambodian microfinancers showed debtors were better off in several respects than those who didn’t borrow from the institutions, MFI officials claimed. Responding to recent concerns over the role of microfinance institutions in creating poverty and loss of property in the Kingdom, the Cambodia ...

Mekong environment ministers talk on sustainable economic development

Cambodia on July 28th hosted the 3rd Greater Mekong Sub- Region Environment Ministers to look forward to sustainable economic development in the region and to talk about current projects to reduce harm for regions and also to minimize several environmental challenges affecting natural resources, forest and ...

(Khem Sovannara and Chhorng Long Heng, p 7)

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