(Phnom Penh): Samdech Techo Hun Sen, Prime Minister of Cambodia, made seven recommendations to the conference “Vision of Cambodia 2022” on the discussion on the rehabilitation of Cambodia after the Covid 19 crisis as an element in sharing ideas. And the direction of the Royal Government of Cambodia.
This recommendation was made on the occasion that Samdech presided over the opening of the conference “Vision of Cambodia 2022” in Phnom Penh on October 6, 2022.
Samdech Techo Hun Sen said: As an additional input for today’s conference discussion, I would like to share the consideration and direction of the Royal Government as follows:
Corona Vaccination Plus
First, in addition to vaccination, the Royal Government will encourage investment in the health sector to develop a strong health system that can help and protect the population from Covid 19 as well as other possible epidemics up eventually in the future.
Social Assistance and Security
Second, the development of the social protection system is an investment in the people and the provision of economic security to the people, especially the poor and vulnerable families. In this spirit, the Royal Government will continue to strengthen the social assistance and social security system and expand its coverage more specifically, by encouraging and encouraging people in the informal economy to enter the system for receiving other protection benefits.
Human Resources Development
Third, the development of human resources, both knowledge and skills, is an indispensable factor in improving economic productivity and shifting the economic structure from a low-skilled labor-intensive economy to a skilled economy and technology.
SME the economy backbone
Fourth, although the Cambodian economy relies heavily on foreign direct investment and exports, small and medium enterprises are the backbone of the economy, contributing significantly to the creation of jobs and jobs for the Cambodian people. In this regard, the Royal Government has made the development of small and medium enterprises a top priority by providing technical and financial support, improving the business environment and encouraging systemic economic participation.
Digital Technology
Fifth, digital technology is advancing rapidly and has become a catalyst for economic growth. At any level of development, digital technology can have a high and broad potential to enable emerging or developing economies to embrace new technologies and leapfrog from traditional industries to modern industries. A short time. Therefore, Cambodia must seize this great opportunity by promoting the better implementation of the “Digital Digital Economic and Social Policy Framework of Cambodia 2021-2035”, “Digital Government Policy of Cambodia 2022-2035” and policies. Other related.
Green Economic Development
Sixth, promoting green economic development and climate resilience is also an essential part of supporting sustainable socio-economic development by supporting the expansion of cooperation on green infrastructure construction, promoting transition. Energy and the use of green technology.
The Resilience of the Finance
And seventh, the big things I mentioned above really need financial resources from both the private and public sectors. It is in this spirit that the resilience of the financial sector as well as the development of a resilient and environmentally friendly financial sector with the participation of the private sector is essential. At the same time, the implementation of the Public Financial Management Reform Program has achieved good results, which has allowed the Royal Government to allocate more funds to priority sectors, increase public investment resources, save Cambodia’s budget independence and implement policies. And interventions to help people and the private sector who have been affected by the Covid 19 crisis.
In this sense, the successful implementation of the major goals of the Public Financial Management Reform Program will make a significant contribution to Cambodia’s socio-economic development in the future.