Phnom Penh (FN), Jan. 3 – Cambodian prime minister Hun Sen announced to mark the year 2022 to further promote public financial management reform and strictly implement budget laws.

The premier spoke at the groundbreaking ceremony for the Upgrading of National Road No. 48 Project on Monday.

In addition, Samdech instructed all national institutions, especially at the sub-national level, to strictly and effectively manage their finances.

According to draft budget law 2022, the Royal Government of Cambodia has allocated USD 8.5 billion as the budget for expenditure in 2022, an increase of 8.4 percent compared to 2021, and expected to generate USD 6.3 billion in revenue, an increase of 19.3% compared to 2021.
=FRESH NEWS