Logo of Phnom Penh Post newspaper Phnom Penh Post - NA passes draft law on State assets



NA passes draft law on State assets

Content image - Phnom Penh Post
The National Assembly passed a draft law on the use and management of State assets. National Assembly

NA passes draft law on State assets

The National Assembly (NA) on Tuesday ended discussions and approved a draft law on the control, use and management of State assets that it plans to send to the Senate for review.

Its spokesman Leng Peng Long said the law will strengthen good governance in controlling State assets.

Peng Long said the NA had continued the 5th session of the 6th legislature on October 6 to discuss and approve the main draft laws serving the sectors of the economy, trade and international cooperation.

“The NA ended [this] discussion and approved 11 agenda points. We are also preparing the main laws to be sent to the Senate for review, especially [this] draft law on the control, use and management of State assets,” he said.

Peng Long said the law will help manage finances efficiently and sustainably, including public resources, the national budget and national economic growth.

Licadho monitoring manager Am Sam Ath said he supported the law and expects it will work in managing assets.

Licadho, the Cambodian League for the Promotion and Defense of Human Rights, supported this law to strengthen legal frameworks, institutional infrastructures and enhance the capacity of relevant institutions in controlling State assets, Sam Ath said.

“In the past, we have observed that control of State assets hasn’t gotten better and there are still many problems. But regarding this law, I expect it might be defined clearly what State assets are and how they are managed, used and controlled,” he said.

He said the law is a pattern or a principle to be implemented. But it is not yet known to what degree this law will be implemented.

A press release from the Office of the Council of Ministers at the July 3 plenary meeting of the Cabinet said the draft law was prepared based on Article 58 of Cambodia’s 1993 Constitution, stipulating that State property comprises land, mineral resources, mountains, sea, underwater, continental shelf, coastline, airspace, islands, rivers, canals, streams, lakes, forests, natural resources, economic and cultural centres, bases for national defence and other facilities determined as State property.

The draft law was prepared to strengthen legal frameworks and institutional infrastructures, and enhance the capacity of institutions in controlling State property such as determining types of State property, managing State property clearly and specifically, preparing inventories of State property, transferring ownership rights, conservation, development, use of State property, inspection and auditing, encouragement and sanctioning of lawbreakers.

The press release said the draft law is a response to the needs of the government in strengthening good governance, increasing effectiveness, transparency, efficiency and accountability of controlling, using and managing State property.

Control of public finance is for the best interests of the nation and the people in achieving the vision of 2030. It will turn Cambodia into a country of upper-middle incomes and high incomes in 2050, according to the release.

MOST VIEWED

  • Cambodia on the verge of national tragedy, WHO warns

    The World Health Organisation (WHO) in Cambodia warned that the country had reached another critical point amid a sudden, huge surge in community transmission cases and deaths. “We stand on the brink of a national tragedy because of Covid-19. Despite our best efforts, we are

  • Phnom Penh curfew starts today

    A two-week curfew from 8pm to 5am starts today in Phnom Penh, a day after a sub-decree detailing administrative measures to contain Covid-19 was issued by Prime Minister Hun Sen. “Travelling in Phnom Penh is temporally banned between 8pm and 5am,” said Phnom Penh governor

  • Vaccination open to foreigners in Cambodia

    The Ministry of Health on April 8 issued an announcement on Covid-19 vaccination for foreigners residing and working in Cambodia, directing the Ministry of Labour and Vocational Training and local authorities to register them. Health minister Mam Bun Heng, who is also head of the inter-ministerial

  • Cambodia gears up for muted New Year festival

    The recent curfew and restrictions imposed in the capital and other Covid-19 hotspots were intended to break the chain of transmission, Ministry of Health spokeswoman Or Vandine said as municipal and provincial authorities issued new directives banning certain activities during the upcoming Khmer New Year

  • Culture ministry: Take Tuol Sleng photos down, or else

    The Ministry of Culture and Fine Arts has told Irish photographer Matt Loughrey to take down the photos of Khmer Rouge victims at Tuol Sleng Genocidal Museum which he allegedly colourised and altered to show them smiling. The ministry said Loughrey's work is unacceptable, affecting

  • Covid-19 vaccination now obligatory

    Prime Minister Hun Sen on April 11 issued a sub-decree making Covid-19 vaccination compulsory for individuals unless they have a medical certificate proving they have pre-existing health conditions that prevent them from doing so. «This applies to all members of the armed forces and civil servants