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Cambodia: ADB to help Cambodia improve public financial management for rural development.
Section: General News - The Asian Development Bank is (ADB) providing $10.81 million to support efforts by Cambodia to improve its public financial management to ensure that much-needed government funds reach the rural poor.
The program consists of a $6.71 million grant for the first of two subprograms that will strengthen public financial management (PFM) reforms in the three ministries supporting rural development - the Ministry of Rural Development, the Ministry of Agriculture, Forestry and Fisheries, and the Ministry of Water Resources and Meteorology.
Another $4.1 million grant will fund an institutional and capacity development project under the …
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