Cambodia's national assembly approves 2025 govt budget of $9.3 bn

01 Dec '24

1 min read

Cambodia's national assembly approves 2025 govt budget of $9.3 bn

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Cambodia's national assembly recently approved an annual government budget of $9.3 billion for next year, equivalent to 18.14 percent of the country's GDP.
The Law on Finance for Management 2025 (National Budget Law 2025) aims at comprehensive reforms in all sectors to make Cambodia a high-middle-income country in the near future.
It comprises six chapters and 15 articles.

Cambodia’s national assembly recently approved an annual government budget of $9.3 billion for next year, equivalent to 18.14 percent of the country’s gross domestic products (GDP).

The approval for the draft Law on Finance for Management 2025 (National Budget Law 2025) came after detailed discussions during the third session of the seventh legislature.

The draft law aims at comprehensive reforms in all sectors to make Cambodia a high-middle-income country in the near future, domestic media outlets reported.

“In line with this law, the 2025 Macroeconomic Policy Framework has been formulated on the assumption that Cambodia’s economy will continue on the path of growth,” Aun Pornmoniroth, deputy prime minister and minister of economy and finance, said.

The draft law comprises six chapters and 15 articles.

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