The announcement of Cambodia’s first significant petroleum discovery in January 2005 has put Cambodia on a path to becoming a new oil producer. The world petroleum industry has a long history and oil has not always benefited people in the countries where it is discovered for reasons not always easy to understand. This is the [...]
The impending development of off shore oil fields discovered in Cambodia’s territorial waters, and continuing onshore exploration, may herald big changes to the country’s economy. A joint ADB and World Bank Oil and Gas Mission visited Cambodia recently. During their visit the World Bank Newsletter had the opportunity to interview Ms Masami Kojima, Lead Energy [...]
The results of a study comparing the business environments of Cambodia’s ten most economically active provinces and municipalities were announced on October 26, 2006 in a seminar for 200 representatives from government, private enterprise, donor agencies and the media. This survey, the 2006 Provincial Business Environment Scorecard (PBES), is a joint initiative of the International [...]
The Government’s Public Financial Management (PFM) Reform Program is one of the major economic and governance initiatives that the World Bank and other development partners support. The World Bank Newsletter had the opportunity to interview Dr. Robert Taliercio, Senior Country Economist for Cambodia, about his work on Cambodia’s PFM reform over the past five years. [...]