Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - More funds must be funnelled to social spending to meet MDGs

More funds must be funnelled to social spending to meet MDGs

More funds must be funnelled to social spending to meet MDGs

REGIONAL governments must increase fiscal stimulus and social spending to counteract threats to their Millennium Development Goals (MDGs) posed by the global financial crisis, the UN and the Asian Development Bank (ADB) said in a report released Wednesday.

“Most stimulus measures have focused on areas other than social expenditures,” ADB Vice President Ursula Schaefer-Preuss said in a statement. “If we are to address the human impacts of the economic slowdown and achieve the MDGs, then social spending needs to be stepped up substantially.”

The MDGs are targets in areas such as health and education that the Cambodian government adopted in 2003 in cooperation with the UN, aiming to achieve them by 2015. The report noted the Kingdom’s progress towards MDGs related to sanitation and gender disparities in the health sector, though it cited Cambodia as one of the countries in the region most vulnerable to the effects of the financial crisis, particularly in the area of poverty reduction.

UN resident coordinator Douglas Broderick said in November that Cambodia’s social spending was low for the developing world. “On average, safety net expenditure in developing countries is in the range of 1 to 2 percent of GDP, but Cambodia’s estimated expenditure is currently lower than 1 percent,” he said.

In a draft of the National Strategic Development Plan update finalised in November, the government pledged to implement “a sizable fiscal stimulus package and a sharper focus on support for social safe net programmes”, though Cambodian Economic Association President Chan Sophal said that little progress had been made on such a stimulus to date.

“There are actually many existing efforts to help the poor or the poorest, it’s just that they are small projects,” he said.


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australians protest Asean summit visit by PM Hun Sen

    Hundreds of protesters gathered in Sydney’s Hyde Park on Friday to protest against Cambodian strongman Hun Sen, who claimed to have been gifted millions of dollars by the Australian government ahead of a special Asean summit this weekend. An estimated 300 protesters, the majority of

  • One Australian, one Cambodian killed in explosion at military base

    Updated: 5:20pm, Friday 16 March 2018 An Australian tourist and a Cambodian soldier were killed in an explosion on Thursday afternoon at an army base in Cambodia’s Kampong Speu province. The Australian, whom the government initially identified as a technical demining expert in his 40s, and

  • Peeling back layers of prehistory in Battambang

    When the man passed away, he had not yet reached 50. He belonged to a tribe that had settled near the Sangker River in Battambang province, likely cultivating the fields and raising animals. On the side, they hunted for boars, and even turtles, one of which