Water, Public Sector Get Largest Share of ADB Funds

The Asian Development Bank on Saturday released details of its five-year development plan for Cambodia, with the majority of the bank’s $800 million concessional loan going toward improving urban infrastructure and water supply, and public sector management.

In its “Country Partnership Strategy 2014 to 2018,” the ADB allocates $183 million, or 21.5 percent, of the total funds to ensuring all Cambodians have access to a safe water supply and good sanitation by 2025.

The second-largest part of the budget—$159.1 million, or 18.7 percent—will go toward ensuring public sector finances are properly managed and transparent, and that the national budget is properly prepared.

The ADB has also allocated $148 million for the facilitation of trade and transport, $90 million for education, and the remainder of the funds for the development of agriculture and access to finance for private companies.

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