According to the ADB, the TA will enhance the generation and delivery of knowledge solutions and policy advice to the Royal Government of Cambodia (RGC) to expedite the implementation of its medium-term strategy - the Pentagonal Strategy Phase 1. The TA will help achieve the strategic objectives of maintaining the momentum of economic growth, accelerate development, and build resilience. The focus of the TA's knowledge solutions will be guided by the forthcoming ADB Country Partnership Strategy 2024-2028. It will do so by supporting the formulation of policies, development plans, and other knowledge products and services (KPS) through in-depth analysis, stakeholder consultations, and high-level policy dialogue. KPS will be identified during TA implementation to ensure ADB is responding to RGC KPS requests as they emerge. As each individual KPS is agreed, ADB will develop terms of reference and contract the appropriate specialist. The Ministry of Economy and Finance (MEF) will be the implementing and executing agency. ADB will administer the TA.
The first phase of the RGC Pentagonal Strategy commits to a large reform agenda, under the following five strategic 'pentagons': (i) human capital development, (ii) economic diversification and competitiveness enhancement, (iii) development of private sector and employment, (iv) resilient, sustainable, and inclusive development, and (v) development of digital economy and society. Highly targeted assistance, provided in a timely manner, can support RGC's efforts through knowledge solutions to tackle their post-pandemic priorities.
This TA will expedite the implementation of the government strategy and support the policy and regulatory environment towards the agenda of sustainable and inclusive economic diversification, by addressing the country's challenges and pushing forward the reform agenda.
As stated by the ADB, the government counterpart provides an in-kind contribution estimated at $50,000 (staff office space and utilities at $10,000 and tax and duties at $40,000).
ADB Team Leaders:
Jyotsana Varma - Cambodia Resident Mission
Anthony Gill - Country Operations Head
No contacts provided at the time of disclosure.
Executing Agency - Ministry of Economy and Finance:
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