The Cambodian government has approved the draft budget of 38,829 billion riels (US$9.4 billion) for the government spending in 2024, a decrease from US$9.64 billion dollars in 2023.
The approval was made during a weekly Cabinet meeting on Friday, which was chaired by Prime Minister Hun Manet, said a press release after the meeting.
The budget next year is equal to 27.16 percent of the country’s gross domestic product (GDP), showed the news release.
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