Logo of Phnom Penh Post newspaper Phnom Penh Post - Ministries eye budget bumps for next year

Ministries eye budget bumps for next year

Ministries eye budget bumps for next year

The Ministry of Economy and Finance finished month-long consultations with key ministries on Thursday in preparation for the drafting of Cambodia’s budget for 2017.

Each ministry was required to submit its desired budget and a justification for the sum, including priorities for the upcoming year, according to a report by state media service Agence Kampuchea Presse.

Education Ministry spokesman Ros Salin yesterday confirmed his ministry participated in the meetings and requested a slightly higher budget than it had received the year before, though he could not confirm the exact amount his ministry is asking for.

“We requested just a slight increase, a little over $500 million,” Salin said. “We’ve already negotiated with the Ministry of Economy and submitted the final number.”

Still, Salin noted it is the Council of Ministers that will ultimately approve the final budget for each ministry before they are moved on to the National Assembly.

Vongsey Vissoth, secretary of state for economy and finance, could not be reached.

MOST VIEWED

  • Shanxi wins bid to build sections of new Siem Reap airport

    Shanxi Mechanization Construction Group recently won the bid to build two sections of the new Siem Reap Angkor International Airport project in Cambodia for 290 million yuan ($42.16 million). The existing Angkor International Airport in Siem Reap, 5km from the famous ancient temple complex and world tourism

  • Breaking: US House passes 'Cambodia Democracy Act'

    The US House of Representatives in Washington, DC, on Monday, passed the “HR 526 Cambodia Democracy Act”, also known as the Cambodia Democracy Act of 2019. If signed off by the president, the bill will allow two major sets of action to be taken against high-ranking Cambodian

  • ‘Zero-dollar’ tours under fire

    Minister of Tourism Thong Khon has blamed “zero-dollar” tour operators for the decrease in foreign tourists to Angkor Archaeological Park in the first half of this year and has called for action against them. Angkor Archaeological Park received 1.24 million foreign visitors in the first half

  • VIP prison scrapped amid much criticism

    The Ministry of Interior announced on Thursday that Cambodia’s first privately run prison, which was to allow prisoners with enough money to upgrade to more comfortable cells, has been scrapped. Ministry spokesman Khieu Sopheak said studies had found that no other country in the