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.
