Logo of Phnom Penh Post newspaper Phnom Penh Post - Budget a step closer to passing

Budget a step closer to passing

Budget a step closer to passing

A National Assembly finance committee consisting of ruling party officials yesterday approved the government’s 2014 Draft Budget, Cambodian People’s Party spokesman Cheam Yeap said.

“This morning, the draft budget was approved within my committee and we are now preparing to send it to the National Assembly to prepare the agenda for official approval in an upcoming session,” he told the Post.

“We focused on three things in the budget law. First, floods and their effects on the provinces. Second, a salary increase for civil servants throughout the country. And, third, good governance in the finance sector when it comes to our macro-finance and public-finance policies.”

The government last month announced that the $3.5 billion proposed budget had been sent from the Council of Ministers to the National Assembly.

The figure was $500 million higher than this year’s budget, but details of spending were not revealed.

The government believes it has enough representatives to legally vote to pass the budget, despite the opposition Cambodia National Rescue Party continuing to boycott the 55 seats it won at the July election.

MOST VIEWED

  • Angkor Wat named as the top landmark for the second year

    Travel website TripAdvisor has named Cambodia’s ancient wonder Angkor Wat as the top landmark in the world for the second year running in their Travelers’ Choice Award 2018, an achievement Cambodian tourism operators expect will attract more tourists to the Kingdom. The website uses traveller

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Hun Sen detractors ‘will die’

    Prime Minister Hun Sen on Wednesday said those who curse or insult him would eventually die without a plot of land to bury their bodies after being killed by lightning, suffering the same fate as those who recently died in Thmar Baing district in Koh

  • Ministry’s plan for net sparks fears

    The government has ordered all domestic and international internet traffic in the Kingdom to pass through a Data Management Centre (DMC) that has been newly created by the state-owned Telecom Cambodia, in a move some have claimed is an attempt to censor government critics. Spokesman