COUNCIL FOR THE DEVELOPMENT OF CAMBODIA (CDC)


FOREWORD

The purpose of this report is to present to our national and international development partners a succinct summary of the Royal Government of Cambodia’s socio-economic development priorities and its external development assistance needs over the next three years (2002-2004). It also includes an update on progress made since 2001's CG meeting in Tokyo by the Royal Government in implementing initiatives to reduce poverty and the implementation of its broader policy reforms agenda. The foundation of this report are the Interim Poverty Reduction Strategy Paper (IPRSP), the Governance Action Plan (GAP), the Financial Sector Development Vision and Plan for 2001-2010, and the 2^nd Socio-Economic Development Plan (2001-2005) all of which outline Government’s strategies and policies. The Financial requirements and ODA Mobilization Targets presented in this report are based on the Government’s three year rolling Public Investment Program for 2002-2004, as well as the emerging sectoral priority programs/projects. In addition, the report reflects the Government decisions that have been made to implement the Poverty Alleviation Strategy, the Governance Action Plan, the 2002 Financial Law, as well as Government’s decisions resulting from discussions at the bi-annual follow-up meeting between the RGC and the donor community and the Government-Private Sector Forum. In this report decisions of the Government concerning the implementation of sectoral strategies and policies have been incorporated. The Paper is the result of a long process of consultations and coordination between CDC/CRDB, that has the responsibility for the preparation of this paper, and the ministries from January to April 2002. Its main topics and the Executive Summary were reviewed and adopted by the Council of Ministers on 03 May 2002. Before its adoption, there was extensive participation of the International Donor Community, the Private Sector, and NGOs/civil society, that included a Consultation Meeting with External Partners held at the Council for the Development of Cambodia on 25 April 2002. In addition to the analyses presented in this document, separate discussion papers on various issues were prepared. These papers outline the RGC’s priorities and the resources that it will commit, both in the short and medium term, to achieve its long-term vision for the development of Cambodia. These obligations will be met, and the reform pre-requisites vigorously implemented to put Cambodia in a position to meet successfully the challenges of its future. The Royal Government of Cambodia would like to take this opportunity to thank all development partners who have been generous in providing support to Cambodia’s development programs and hope that they will continue to provide their support to enable us to achieve our goal of reducing poverty among our people. This is the first time that a CG meeting for Cambodia is being held in Cambodia. On behalf of the Royal Government of Cambodia I would like to thank to all external partners, especially Australia, Japan, Sweden, and UNDP who have been generous in providing support in the preparations for and the conduct of this very important meeting. Phnom Penh, 03 May 2002 KEAT CHHON, MP Senior Minister, Minister of Economy and Finance and First Vice-Chairman of the CDC
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