World Bank Reaffirms Commitment to Support Reform in Cambodia through Poverty Reduction and Growth Operation

Friday, January 2nd, 2009

Phnom Penh, 18 July, 2007—The World Bank’s Board of Executive Directors has reaffirmed its support for Cambodia’s reform effort by approving the Poverty Reduction and Growth Operation (PRGO). This is the first of three operations that focus on the “good governance” reform program laid out in the Government’s National Strategic Development Plan (NSDP), 2006-2010. Through [...]

Women Leaders Gather to Discuss their Challenges, Strengthen their Networks, and Have some Fun

Friday, January 2nd, 2009

There was a time, not so long ago, when International Women’s Day would have passed in Cambodia without most people noticing. But its significance is recognized by more people now with each passing year. On March 17th, more than 200 women gathered at a Women Leaders reception to celebrate International Women’s Day. The reception’s guest [...]

East Asian Economies Still Buoyant Amid Faltering World Economy, Says World Bank’s Six-Monthly Review

Wednesday, December 31st, 2008

Phnom Penh, 1 April, 2008 – Growth in developing East Asia will decline by around one to two percentage points to around 8.5% in 2008 as a result of the unfolding financial turmoil in the US and the resulting global slowdown, says the World Bank’s latest six monthly review of the East Asia and Pacific [...]

Helping the Poor with Access to Land

Tuesday, December 9th, 2008

From March 27 to April 7, 2006, a joint mission by the World Bank and the Government of Germany through GTZ (German Technical Cooperation) reviewed progress on the preparation of a proposed Land Allocation for Social and Economic Development Project (LASED). The proposal is being prepared under the guidance of the Council for Land Policy [...]

Key Business Reforms Implemented, But Difficulties Persist

Monday, December 8th, 2008

Phnom Penh, September 6, 2006 – Cambodia has implemented a number of key reforms, including setting time limits on obtaining business licenses, according to a new report by the International Finance Corporation and the World Bank. The report, Doing Business 2007: How to Reform found the reforms reduced delays by 66 days. Other key regulatory [...]

Business Environment Scorecard Ranks Provinces and Cities

Friday, December 5th, 2008

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 [...]

Decentralization letting people make their own decisions

Friday, December 5th, 2008

While the World Bank Social Development team was visiting​​ Kampong Thom province, the World Bank newsletter had an​opportunity to interview Mr. Arnaldo Pellini, Adviser to GTZ, the​German technical cooperation organization, who is working on civil​society and local governance issues, and on a community-based rural​ ​development project. Q. Could you tell us briefly about your work [...]

Grant agreement signed to support basic education

Thursday, December 4th, 2008

A Japan Social Development Fund (JSDF) grant agreement for the Mainstreaming Inclusive Education project, designed to improve the quality, accessibility and relevance of basic education in six rural provinces of Cambodia, was signed September 13, 2005 by the Ministry of Economy and Finance (MEF), the World Bank and Voluntary Service Overseas Cambodia (VSO). The $1.8 [...]

How the poverty line and poverty rate are calculated

Thursday, December 4th, 2008

he World Bank is preparing a new Poverty Assessment for the Consultative Group Meeting to be held in March 2006. World Bank newsletter interviews Tim Conway, Poverty Specialist at the World Bank’s Cambodia Office, about poverty rates, poverty lines and related indicators. Q: How is the poverty line calculated? A: To calculate a “poverty line” [...]