Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Budget for 2016 moves closer to passage in Nat'l Assembly

Budget for 2016 moves closer to passage in Nat'l Assembly

Budget for 2016 moves closer to passage in Nat'l Assembly

The $4.3 billion 2016 draft budget moved one step closer to adoption yesterday, as the ruling party-controlled parliamentary committee tasked with reviewing the document gave it the green light.

“We have examined the draft budget law and have agreed to take it to the National Assembly’s standing committee to set up the agenda for a full session [of parliament] to debate and adopt it as soon as possible,” said Cambodian People’s Party lawmaker Cheam Yeap, who is head of the National Assembly’s banking and finance commission.

Though the budget is moving forward, opposition parliamentarian Son Chhay, who is deputy of the commission and a strident anti-corruption campaigner, said there were still issues with transparency that needed addressing.

“The collection of revenue from casinos and economic land concessions and a number of other sectors are still not properly [defined], so the revenue can still end up in the pockets of individual officials.”

The government presented its 2016 draft budget on October 21, revealing a 12.18 per cent increase in funds compared with 2015. Among the big winners was the education sector, which got a $502 million slice of the pie.

RECOMMENDED STORIES

  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all