Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |
Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

Cambodia’s Revenue Remains Stable in Second Quarter Despite Pandemic

  • Posted Aug 24, 2021 14:06 by Andrew Barnes-Roberts
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Phnom Penh: Despite the ongoing effects of the pandemic and the country’s community transmission event, Cambodia’s revenue performance remains stable and in good condition in the second quarter. This was revealed during Monday’s meeting of the Public Financial Management Reform Commission. The meeting was chaired by Finance Minister, Aun Pornmoniroth.

The discussion focused on monitoring the progress of the implementation of the Public Financial Management Reform Program. The results show the country’s financial performance is hovering just 5% below target, but officials are confident that target will be achieved by the end of the year.

The Budget Implementation Process is also improving, thanks to the introduction of action plans for resolving so-called “congestion expenditures”, expanding the payment of national budgets through e-transfers, improved preparation of public financial guidelines by ministries and other institutions, as well as strengthening the effectiveness of reforms to the public procurement system. The Finance Minister has expressed his thanks to his team for having achieved so much, despite the pandemic.


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