Phnom Penh, June 20th, 2007—The first meeting of the Cambodia Development Cooperation Forum (CDCF) was held in Phnom Penh 19-20 June 2007. The CDCF, which replaced the Consultative Group format that was co-chaired by the World Bank, was established to complement the introduction of the NSDP. The CDCF is intended to characterise the shift toward [...]
Phnom Penh June 12, 2007 – Although the gap between rich and poor in Cambodia has widened since 1994, this occurred mainly before 1997, with little change from then till 2004, according to a new World Bank report. And if Cambodia can maintain high rates of growth while containing the rise in inequality, the report [...]
East Asian economies are expected to register their fifth consecutive year of strong growth in 2006, backed up by a substantial decline in poverty, according to the World Bank’s latest East Asia Update, launched on November 14, 2006. But on the horizon, growth rates in Transition Economies and Newly Industrialized Economies are expected to slow, [...]
On June 13, 2008 the Ministry of Economy and Finance (MEF), and the World Bank signed two projects – Road Asset Management (RAMP) and Land Allocation for Social and Economic Development (LASED) – with US$41.5 million in credit and grants, aimed at helping the government fight poverty by improving access to roads, as well as [...]
Three New Projects Worth $71.5 million to Help Govt. Fight Poverty The World Bank Group’s Board of Executive Directors endorsed, in May 2008, the extension of the Bank’s Country Assistance Strategy (CAS) for Cambodia until 2011, citing strong progress on reform efforts and the government’s commitment to the reform agenda. The decision to extend the [...]
Two years into the implementation of its Country Assistance Strategy (CAS) for Cambodia for 2005-2008, in early October 2007 the World Bank held a series of consultative meetings with the Government, development partners, private sector and civil society representatives to seek their feedback on CAS implementation so far and proposals for the future.