FOX News : Health

19 November, 2014

Draft Budget Law 2015 Discussed in a Consultative Workshop

 
 AKP Phnom Penh, November 18, 2014 –

The draft budget law 2015, submitted to the National Assembly (NA) in late October, was discussed in a consultative workshop held here this morning under the presidency of NA President Samdech Akka Moha Ponhea Chakrei Heng Samrin.



The workshop was attended by members of the Senate, NA, National Audit Authority, government officials, and representatives of development partners and national and international organizations.
Addressing to the event, Samdech Heng Samrin expressed his strong hope that the workshop will give comments on the draft budget law 2015 in order to make it better, transparent and accountable for the people’s and nation’s interests.

The NA president also spoke highly of the country’s economic growth of 7 percent on average in the last few years, making the GDP per capita reach US$1,130 in 2014, and it may increase up to US$1,225 in 2015. “Despite challenges and risks, Cambodia economic growth remains strong and reliable. But, we should not be too optimistic since the growth is in short and medium term, which requires all of us, particularly relevant institutions at all levels, to continue strengthening their potentials, in particular Cambodia’s competitiveness,” he added.

The draft budget law 2015, consisting of 6 chapters with 17 articles, is worth in total 15,699,529 million Riel (approximately US$3,848 million or 21,09 percent of GDP), up 10.8 percent if compared to the budget law in 2014, said H.E. Cheam Yeap, Chairman of the NA Commission on Economy, Finance, Banking and Audit.

This draft budget law 2015 focuses mainly on increasing the monthly salary of civil servants and armed forces, while expanding the expenses on the fields of education, vocational and technical training, health, agriculture, infrastructure and connectivity which are the foundation to boost the country’s growth and competitiveness, underlined H.E. Cheam Yeap.

By So Sophavy
សារព័ត៌មានអន្តរជាតិInternational News

BBC News - US & Canada

CNN.com - RSS Channel - HP Hero

Top stories - Google News

Southeast Asia Globe

Radio Free Asia

Al Jazeera – Breaking News, World News and Video from Al Jazeera

NYT > Top Stories

AFP.com - AFP News

The Independent

The Guardian

Le Monde.fr - Actualités et Infos en France et dans le monde

Courrier international - Actualités France et Monde