Cambodia : Support for Revenue Mobilization — Development of a Government Bond Market and Strengthening Subnational Revenues
The technical assistance (TA) will help the government of Cambodia to improve its public finance and capital market development including measures for strengthened domestic resource mobilization (DRM) by: (i) improving overall capacity of domestic bond issuance; and (ii) strengthening DRM at the subnational level for improved service delivery.
Project Details
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Project Officer
Rabidin, Ahmad Faris Bin
Sectors Group
Request for information -
Approval Date
19 December 2023 -
Country/Economy
Cambodia -
Sector
- Public sector management
| Project Name | Support for Revenue Mobilization — Development of a Government Bond Market and Strengthening Subnational Revenues | ||||
| Project Number | 56048-001 | ||||
| Country / Economy | Cambodia |
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| Project Status | Approved | ||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| Operational Priorities | OP1: Addressing remaining poverty and reducing inequalities OP2: Accelerating progress in gender equality OP6: Strengthening governance and institutional capacity |
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| Sector / Subsector |
Finance / Money and capital markets Public sector management / Public expenditure and fiscal management |
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| Gender | Effective gender mainstreaming | ||||
| Description | The technical assistance (TA) will help the government of Cambodia to improve its public finance and capital market development including measures for strengthened domestic resource mobilization (DRM) by: (i) improving overall capacity of domestic bond issuance; and (ii) strengthening DRM at the subnational level for improved service delivery. |
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| Project Rationale and Linkage to Country/Regional Strategy | |||||
| Impact | Macroeconomic and financial stability strengthened through domestic revenue mobilization and market access |
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| Project Outcome | |
|---|---|
| Description of Outcome | Institutional capacity for domestic bond issuances and subnational agencies revenue generation improved |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | Technical advice on government bond market development delivered Technical advice on improved domestic resource mobilization policy for SNAs delivered |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Nation-wide |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | |
| Business Opportunities | |
|---|---|
| Consulting Services | An estimated 17-months of international consultancy inputs will be required to provide technical advisory on government bond market development (13 person-months) and subnational Tax (4 person-months). An estimated 17 person-months of national consultancy inputs will also be required to provide technical advisory on content and web development (9 person-months), public finance and taxation (6 person-months) and gender (2-person-months). Resource persons will also be engaged as needed. ADB will engage consultants following the ADB Procurement Policy (2017, as amended from time to time) and Procurement Regulations for ADB Borrowers (2017, as amended from time to time) and associated project administration instructions and /or staff instructions |
| Procurement | 3 contracts |
| Responsible ADB Officer | Rabidin, Ahmad Faris Bin |
| Responsible ADB Department | Sectors Group |
| Responsible ADB Division | Public Sector Management and Governance Sector Office (SG-PSMG) |
| Executing Agencies |
Ministry of Economy and Finance |
| Timetable | |
|---|---|
| Concept Clearance | 18 Oct 2023 |
| Fact Finding | 25 Sep 2023 to 29 Sep 2023 |
| MRM | - |
| Approval | 19 Dec 2023 |
| Last Review Mission | - |
| Last PDS Update | 02 Jan 2024 |
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| Title | Document Type | Document Date |
|---|---|---|
| Support for Revenue Mobilization - Development of a Government Bond Market and Strengthening Subnational Revenues: Technical Assistance Report | Technical Assistance Reports | Dec 2023 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
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Tenders
Contracts Awarded
Procurement Plan
None currently available.