Cambodia to get US$29mil ADB loan to improve public service delivery

More than 70 per cent of Cambodians live on less than $3 a day and access to basic services has been uneven. - AFP

PHNOM PENH (Xinhua): The Asian Development Bank (ADB) has approved over US$29 million in financing to help Cambodia improve service delivery through key reforms in public financial management and decentralisation, said a press statement on Wednesday (Sept 23).

The Second Decentralised Public Service and Financial Management Sector Development Programme includes a US$20-million policy-based loan that will support a programmatic approach to strengthening local governments' fiscal planning and management, as well as public administration, the statement said.