Cambodia cuts 2021 State budget due to COVID-19

The Cambodian Government on June 16 announced a plan to reduce the 2021 State budget to 4 billion USD due to the impacts of COVID-19.

The figure accounts for about a 50 percent drop from this year’s State budget, including a 11.3 percent decrease for social affairs and 6.4 percent for general administration.

Last year, the Cambodian National Assembly approved the government’s plan to spend 8.2 billion USD in 2020, a 22 percent increase compared with 2019.

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