Thursday, July 28, 2005

Cambodia's development strategy discussed

Phnom Penh- A seminar called "Plan for National Strategy Development for 2006-2010" was held in Phnom Penh, Cambodia, on July 27-28, to review the implementation of the government's strategy of quadrangular development.

Representatives from government agencies, the community of donors, the World Bank (WB), the Asian Development Bank (ADB), UN Development Programme (UNDP), Non-government organisations and private sectors took part in the event.

Speaking at the opening ceremony, Minister of Planning Chhay Thon said the strategy was built with the country's current situation and past experiences, as well as on the basis of the government's second five-year socio-economic development plan and national poverty reduction strategy. The plan has been adjusted in accordance with quadrangular development strategy's objectives of the government in its third tenure.

Delegates from the WB and the UNDP said Cambodia should build a national development strategy in conformity with the real situation and its state budget capacity.-Enditem

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