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28 Feb 2011. CAMBODIA DEBT. Cambodia Debt. Getting from developed and economic powerful countries and international finance institutions. Getting from formal and informal micro finance Institutions (FMI) & Individual.
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28 Feb 2011 CAMBODIA DEBT
Cambodia Debt • Getting from developed and economic powerful countries and international finance institutions • Getting from formal and informal micro finance Institutions (FMI) & Individual • Getting from international finance institutions such as ADB, WB, IFM and others
Cambodia Debt Total: 4.2 B US$ 42 M US$ Paid on external debt in 2008 As of 2004, debt was 3.2 B or 66% of GDP, WB source 2004 Debt from 2004-2011 1,609 B. Aid Effectiveness Report 2011, RGC 1.8 B-Two-third 60% or 94% public debt US + Russia+ 2004-2011 = 4,809 Billions Cheam Yap 7 Billions But PM declared only 2 billions or 27.7% of GDP (12,92 B )
Cambodia Debt Public Debt is around 7 billion US$ in 2011 Or 500 US$ per individual (14 millions of Cambodia Population )-Indirect Debt of Cambodia Population Direct Debt of Cambodia People is around 500 US$ per HH or around 50% of Cambodia People fell in serious debt
AID PER CAPITA & AID/GDP Ratio Source: Effectiveness Report 2011, RGC
Disbursement and Projection Disbursement and Projection 2004-2014 (US$ Million) Source: Effectiveness Report 2011, RGC
Cambodia Debt World Bank Report
Cambodia Debt World Bank Report
NGO disbursement (2005-2010) Million US$ Source: Effectiveness Report 2011, RGC
USA an Other countries with Debt • Cambodia : GDP 12,92 B or 27.7% of GDP or 61 % of GDP • Thailand: 44 % of GDP • EU: 60-70% of GDP, EU : 86% of GDP in 2010 • USA : 101 % of GDP , 32 Billions • Greek 173 % of GDP in 2011 or 340 B • ITALY: 120 % of GDP or 2.4 T in 2010 • SPAIN: 60% of GDP or 820 Billions
Cambodia Economic Overview Estimation NSDP 2009-2013 Source: Draft of National Budget Plan 2012 and Three year Rolling Investment Plan 2012-2014, RGC, MoEF
Cambodia Economic Overview Estimation NSDP 2009-2013 Source: Draft of National Budget Plan 2012 and Income statement 2010, Three years of Public Investment Plan 2012-2014 and NSDP 2009-2013 RGC, MoEF
Cambodia Economic Overview High Price of oil, food and other commodities Estimation NSDP 2009-2013 Source: Draft of National Budget Plan 2012 and Income statement 2010, Three years of Public Investment Plan 2012-2014 and NDSP 2009-2013, MoP, RGC
Cambodia Economic Overview COMPOSITION OF CAMBODIA ECONOMIC GROWTH & INDUSTRY SECTOR Estimation Three Year –Public Investment Plan 2012-2014 Source: Draft of National Budget Plan 2012 and Income statement 2010, Three years of Public Investment Plan 2012-2014 and NDSP 2009-2013, MoP, RGC
Cambodia Economic Overview Estimation Three Year –Public Investment Plan 2012-2014 Source: Draft of National Budget Plan 2012 and Income statement 2010, Three years of Public Investment Plan 2012-2014 and NDSP 2009-2013, MoP, RGC
Total Disbursement shared (1992-2011) Source: Effectiveness Report 2011, RGC
Total Disbursement & Used (1992-2011) Source: Effectiveness Report 2011, RGC
Public Investment-2012-2014 INVESTMENT IN JOB CONDITIONS IMPROVEMENT ????
Recommendation-In Depth Reform National reconciliation and Unification Civil service management Deepen reform NPAR Institutionalization and Rule of Law NPAR • Paris Peace Agreement • Law on common statute of civil servants • Sub-degree on organization and functioning of ministries • Sub-degree on leave without pay • Sub-Decree on the General Principle of Civil Servants Management Procedures • Royal Decree on the General Principle of the Organization of the State Civil Service • 17, 685 ghost civil servants • Supreme Councils of the state reform • CAR • 5 years NPAR • Around 10, 000 ghost civil servant eliminated • 21 categories of cadre of civil servants • Enumeration system • MPG • Average salary increased from 19.5US$ to 28.1US$ ( 44.1% increased • NPAR 2004-2008 • PMG • HRP & HRD • SOA • Increased Salary • Social Security Fund for civil Servant • NPAR 2010-2013 • HR Policy • Making the administration becomes more transparent, responsive and efficient • Improve values of service loyalty, motivation and professionalism • NPAR M&E framework and tools for oversight the implementation and enforcement of NPAR
Recommendation-High Quality of public Services VISION: SERVE PEOPLE BETTER Transparency Responsiveness Efficiency Loyalty Culture of service Professionalism Motivation