Cambodia: Many sections in 2021 National Budget Framework facing extensive cuts due to Covid-19 pandemic

The Ministry of Economy and Finance (MEF) has instructed all other ministries, central administrative institutions, public administration institutions, among others, to prepare for revisions to the 2021 budget. - Phnom Penh Post/ANN

PHNOM PENH, May 6 (The Phnom Penh Post/ANN): The Ministry of Economy and Finance (MEF) has issued a circular on the revision and strengthening of the national budget expenditures in 2021 because the lockdown measures in some geographical areas are having a general impact on the 2021 National budget framework.

According to the ministry, this crisis requires the government to reconsider some of its planned expenditures to save money in order to divert funds to address its current priorities in combating the spread of Covid-19 and counteracting the negative socio-economic impact on Cambodia.