The Asian Development Bank (ADB) has approved over 29 million USD in loan for Cambodia to help the country improve service delivery through key reforms in public financial management and decentralization, said a press statement on September 23.
The Second Decentralised Public Service and Financial Management Sector Development Programme includes a 20-million-USD policy-based loan that will support a programmatic approach to strengthening local governments’ fiscal planning and management, as well as public administration, the statement said.
It also includes a 9.35-million-USD project loan to help build the National School of Local Administration, a dedicated training center for local government officials, it added.
