ADB approves over 29 mln USD loan for Cambodia to improve public services hinh anh 1Cambodia's capital city of Phnom Penh. (Photo: International Residental)

Hanoi (VNA) -
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.

"The project aims to help local governments across Cambodia provide sustainable, effective, and efficient delivery of basic public services, while also bridging the urban-rural divide," said ADB senior public management specialist Jhelum Thomas.

"The project is much needed, as the coronavirus disease (COVID-19) pandemic has seen significant numbers of people move from urban to rural areas," she said. "This will put more pressure on local governments to provide social assistance and basic services such as roads, water supply, and sanitation to support inclusive and equitable growth."

According to the statement, more than 70 percent of Cambodians lived on less than three USD a day and access to basic services has been uneven. Poor and vulnerable households are especially at risk amid the COVID-19 pandemic, which has led to a significant decline in key sectors of Cambodia's economy and losses in livelihoods./.
VNA