PM Presides over Annual and 5-Year Review Meeting of Public Financial Management Reform Programme

Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia, presided over the Annual and Five-year Review Meeting of Public Financial Management Reform Programme (PFMRP) at Sofitel Phnom Penh Phokeethra Hotel this morning.

Speaking on the occasion, Samdech Techo Hun Sen highly valued the progress in carrying out the PFMRP in the past five years.

PFMRP is a long-term reform with ambitious and certain vision to improve Cambodian public financial system to meet international standard.

The implementation of PFMRP, launched by the Cambodian Premier on Dec. 5, 2004, was divided into four stages: Budget Credibility, Financial Accountability, Budge-Policy Linkages, and Performance Accountability.

Cambodia is now on the third stage which is expected to complete in 2020.

Source: Agency Kampuchea Press