ABD Country Operations Business Plan: Cambodia 2020–2022 ; ADB Country Planning Documents
In: http://hdl.handle.net/11540/12620
This country operations business plan (COBP) is the first COBP of the country partnership strategy (CPS), 2019–2023 of the Asian Development Bank (ADB) with the Royal Government of Cambodia. The lending assistance program for 2020–2022 is in line with the priorities set in the CPS, 2019–2023, and mainly supports four of the seven operational priorities of ADB's Strategy 2030.2 It is also aligned with the priorities of the Sixth Legislature of the National Assembly's Rectangular Strategy IV, 2019–2023. This COBP includes a mix of project loans, policy-based lending for government-led policy reforms, and other financing modalities to support long-term infrastructure programs. The 2018 debt distress classification of Cambodia is low. In 2020–2022 the sovereign lending program will focus on four pillars: (i) accelerate competitiveness and economic diversification; (ii) strengthen human capital and lifelong learning; (iii) foster green, sustainable, and inclusive development; and (iv) improve governance. The sovereign lending program is strongly aligned with ADB's Strategy 2030 with sector contributions of (i) agriculture, natural resources, and rural development, 22%; (ii) water and other urban infrastructure and services, 20%; (iii) education, 16%; (iv) transport, 15%; (v) public sector management, 12%; (vi) energy, 11%; and (vii) finance, 5%. ADB's private sector operations will continue to invest in the development of infrastructure and financial products using credit enhancement instruments and public private partnership models, where feasible. The country assistance results areas are shown in Appendix 1. A linked document on portfolio performance indicators is in Appendix 2.