Sunday, 17 October 2010
Nguon Sovan and James O’Toole
The Phnom Penh Post
The Council of Ministers has approved a draft budget law for 2011 calling for an increase in spending of more than US$400 million compared to last year, including a $22 million rise in national security and defence spending.
Although a sector-by-sector breakdown of the budget was not available, Cheam Yeap, the chairman of the National Assembly’s Banking and Finance Committee, said spending would target key “social needs”.
“For Cambodia, our priority sectors are still education, health, rural development, agriculture, women’s affairs, social affairs and physical infrastructure,” Cheam Yeap said.
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