30 June 2014
The
single-party National Assembly on Thursday approved the 2014 to 2018 National
Strategic Development Plan (NSDP), which will cost an estimated $26.58 billion
to implement. An extradition agreement between Cambodia and Vietnam was also
passed.
Drawing on
domestic and foreign financing, including capital investment from the public
and private sectors, the ambitious five-year plan will require approximately
$5.3 billion per year to see through. As a result, GDP [gross domestic product]
per capita reached approximately $1,040 by the end of 2013 and saw the poverty
rate drop to less than 20 % as of 2014.
According
to a statement by the Ministry of Planning “The list of indicators to track,
monitor and evaluate the implementation of the NSDP 2014-2018 has been adjusted
from 63 to 67 indicators, 20 indicators for development goals and 47 relating
to results, while 80 more have been added to the annex.”
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