Logo of Phnom Penh Post newspaper Phnom Penh Post - MEF holds agricultural workshop

MEF holds agricultural workshop

MEF holds agricultural workshop

The Ministry of Economy and Finance (MEF) organised a consultation workshop yesterday to gather information and comments from agriculture sector stakeholders to assist in the preparation of a 2018 national budget that would better support to the sector.

MEF Secretary of State Vong Sey Vissoth, who co-chaired the session alongside Agriculture Minister Veng Sakhon, said Cambodia’s agriculture sector faces myriad challenges.

He said the concerns raised by industry stakeholders participating in the workshop would be crucial to formulating a national budget plan next year.

“This Ministry [of Agriculture] is a priority ministry so an increased budget for its spending will be considered,” he said. “But before considering whether to enlarge the budget for more spending, we need to examine the current spending and see whether it is in line with our objectives.”

Vissoth explained that the agriculture sector was crucial for the country’s economic growth and food security. He added that the MEF will focus its effort on examining how to improve productivity in the sector and increase crop diversification.

Chan Sophal, director of the Centre for Policy Studies (CPS), who attended the workshop, said Cambodia’s agriculture industry faces broad-ranging issues such as declining prices and low market demand that cannot be resolved by the Agriculture Ministry alone.

He noted, however, that the focus of yesterday’s discussion was not to identify immediate solutions to those problems, but rather to provide constructive feedback for the government’s work on the national budget.

“This discussion is to gather inputs for preparing the 2018 national budget . . . and to allocate the budget for the right targets,” he said.

MOST VIEWED

  • Purging Sihanoukville’s past with a new masterplan

    Amid illicit activities, haphazard development and abandoned projects, the coastal city of Sihanouk province needs a reset to move forward. A new masterplan might be the answer to shake off its seemingly mucky image to become the Shenzhen of the south Gun toting, shootouts, police

  • Chinese may be first in tourism revival: PM

    Cambodia's tourism industry is gearing up to roll out the red carpet for Chinese travellers after Prime Minister Hun Sen on September 17 indicated that the Kingdom could soon throw open its doors to international holidaymakers vaccinated against Covid-19 – starting with guests from China. Cambodia Chinese

  • 'Pursue your goals, reach out to me': Young diplomat tapped as envoy to South Korea

    Chring Botum Rangsay was a secretary of state at the Ministry of Foreign Affairs and International Cooperation before being designated as the new Cambodian ambassador to South Korea. According to her official CV published on the foreign ministry’s website, she started her first government

  • Tourism concerns laid bare

    To ensure the success of plans to reopen the tourism market for international visitors, Cambodia must pay utmost attention to two primary determinants – the ongoing paradigm shift in domestic tourism services towards the ‘new normal’, and the factors influencing choices of destinations among foreign holidaymakers.

  • Covid jab drive for 6-11 age group to begin Sept 17

    Prime Minister Hun Sen has permitted Covid-19 vaccinations for over 1.8 million children aged 6-11 across the country from September 17 in order for them to return to school after a long hiatus. Hun Sen also hinted that vaccinations for the 3-6 age group will follow in

  • No ‘Crown Prince’ exists to buy France football club: ministry

    The Ministry of the Royal Palace has denied media reports that a Cambodian “Crown Prince” had purchased the AS Saint Etienne football club of France’s top-flight LIGUE 1 at the cost of €100 million ($117 million). In a press statement on September 19, the ministry stressed that Cambodia