NBC: 4% Economic Growth in 2021
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FRIDAY, JANUARY 1, 2021 Intelligent . In-depth . Independent Issue Number 3575 / 4000 RIEL NBC: 4% economic growth in 2021 May Kunmakara Inflation is expected to remain be- growth recovery in Cambodia’s eco- is very important to strengthen the The advent of oil production will low three per cent, a “manageable nomic partners and the strengthen- growth base of domestic activity.” provide the Kingdom another source HE National Bank of Cambo- low” which the NBC is optimistic ing of the local economic base. According to the NBC, agriculture of funds for the national budget and dia (NBC) on December 31 it can ensure through a “stable ex- “In this context, further strength- will remain a vital and high-poten- the future development of priority forecast that the Kingdom’s change rate” and an “increased main- ening of domestic economic activity tial sector that could absorb some sectors, it added. economic growth will return tenance of international reserves”. will support and reduce the impact of the economic fallout stemming World Bank country manager for Tto four per cent growth this year if The NBC said: “International fi- on Cambodia’s economic growth from the crisis, such as unemploy- Cambodia Inguna Dobraja in mid- Covid-19 vaccines can successfully nancial institutions have forecast due to the external downturn. ment or support for the poor. December said challenges remain for curtail the spread in the first half. that Cambodia’s economic growth “Therefore, the continued imple- Accelerating the diversification of the Kingdom and Covid-19 has cre- The central bank’s forecast published rate could reach four-to-6.8 per cent mentation of government policies to the economic base and the imple- ated a need to scale up job creation in its Macroeconomic and Banking [in 2021]. promote the development of small mentation of industrial develop- and stem the unemployment tide. Progress 2020 Report matches the “However, these forecasts depend and medium-sized enterprises, the ment strategies will help Cambo- She said: “Significant uncertainty forecast made by the Washington, DC- primarily on the effectiveness of the promotion of innovation and the dia’s economy recover faster from based World Bank in December. [Covid-19] vaccines, the speed of use of new technologies in all areas the pandemic, it said. CONTINUED – pagE 7 Blessings for New Year from gov’t, opposition, envoys to the Kingdom Niem Chheng happiness and prosperity for all people and reminding them to GOVERNMENT leaders, oppo- stay vigilant about Covid-19. sition figures and diplomatic “Please continue to pay representatives to Cambodia attention to the prevention of issued statements marking the Covid-19 by washing your end of 2020 and identifying hands frequently with soap, challenges to face and achieve- gel or alcohol sanitiser, wear- ments to fulfil in 2021. ing masks and maintaining National Assembly president social distancing. Follow the Heng Samrin said in his instructions of the Ministry of remarks that the whole world, Health. I wish our brothers including Cambodia, had been and sisters a safe journey hit hard by the crisis caused by whether they are travelling the Covid-19 pandemic, which near or far over the holiday has been particularly bad for weekend,” he wrote. the world economy. But Cam- The prime minister also cele- bodia had the crisis under brated Cambodia’s entry into the control due to strong leader- ranks of oil producing nations. ship and a spirit of coopera- “Covid-19 has caused disrup- tion between all of relevant tion, but it could not stop our institutions, friends and devel- efforts to produce oil. Although opment partners. we cannot fully enjoy the start Samrin thanked various of 2021 in the same manner as ministries and authorities as previous years due to Covid-19, well as all of Cambodia’s vol- we should still be thankful for unteers for making physical, the huge gift the nation has spiritual and financial contri- received – the first drops of oil butions to the government produced in our country. effort in fighting Covid-19. “I would like to express my Their contribution had, to sincere gratitude to all of my some extent, alleviated the compatriots for their active impacts of the crisis on Cam- cooperation and support of the bodia’s economy, he said. government while we continue Prime Minister Hun Sen the process of building our Ride out the new year released a New Year’s message Cyclists pedal past New Year decorations at the nearly 700-year-old symbolic monastic Wat Phnom temple in Daun Pehn district’s Wat Phnom on his Facebook page wishing CONTINUED – pagE 3 commune in Phnom Penh. HEAN RANGSEY 2 THE PHNOM PENH POST JANUary 1, 2021 WWW.phnompenhpost.COM National Cambodia has more than Justice ministry: 89 per cent 8.8 million registered voters Nov Sivutha ciety organisations, embassies and general consulates in Cam- court case backlog cleared THE National Election Com- bodia to inform them of these mittee (NEC) posted the formal problems,” he said. Voun Dara results of an audit checking the NEC deputy secretary-general names of registered voters this Som Sorida said the LDP had a UST 222 days after the year that showed more than 8.8 right to express its views regard- launch of a campaign to million names on the voting list – ing the accuracy of the voter list address the court case an increase of more than 200,000 but they needed to do so respon- Jbacklog throughout the voters compared to last year. sibly and not in a manner that Kingdom, the Ministry of The League for Democracy incites division in the country. Justice has cleared 35,100, Party (LDP) objected to the He further said the LDP’s allega- or 89 per cent, out of a to- NEC’s findings and questioned tions of irregularities in the voter tal of 39,152 cases that were their validity, alleging that the list were completely unsubstantiated. pending. process of registering voters had “The LDP is asking the NEC to This has helped ease prison taken place without transpar- disenfranchise voters based on overcrowding by allowing the ency, accuracy or fairness. their accusations alone. They release of 26,100 inmates due The day before the formal vot- want us to burden Cambodi- to the ongoing campaign. ing list was posted, LDP spokesman ans who have already met the In a press release, the E Sangleng claimed that his party required conditions for regis- ministry said the municipal had identified more than 3,000 tration. If the NEC were to take and provincial court pros- cases of irregularities in communes action based solely on the opin- ecutors across the coun- across the country, including the ions of an individual or a group, try had cleared the 35,100 registration of people who had no it would be a serious mistake criminal cases in the phase residential addresses listed. and unacceptable,” he said. of prosecution, investiga- He also said the party had Sam Sokuntheamy, the execu- tion and trial. deployed 1,128 observers and tive director of the Neutral and During the campaign, the 3,561 reserve observers in order Impartial Committee for Free municipal and provincial to keep an eye on the process of and Fair Elections in Cambo- courts had also addressed Justice minister Koeut Rith launched a campaign on May 18 last year that has helped clear 89 per cent of checking the names on the list dia (NICFEC) also spoke at the court case backlog in Cambodia. JUSTICE MINISTRY more than 36,500 new crim- and registering the names of press conference, saying his or- inal cases last year. courts had declared success announced the start of the “We see that the proceed- voters across the country. ganisation could not vouch for The ministry said that and wrapped up the cam- campaign on May 18 last year ings at municipal and provin- The LDP had more observers the accuracy of the LDP’s report among the 26,100 inmates paign. Only nine courts have after identifying 39,152 crimi- cial courts after the launch of than any other party or institution because no NICFEC representa- set to go free 11,200 have yet to do so, but we expect nal cases pending at munici- the campaign are expedited, this year, according to Sangleng. tives were present as observers. already been released, 5,600 that they will also declare pal and provincial courts. with much effort put in to He added that the LDP had filed “I would like to state that we have not been freed yet, 3,000 their success soon,” he said. He introduced four ap- address the backlog. complaints with the NEC and the aren’t in a position to verify the are free from detention, and Malin said the campaign proaches for all working “We don’t monitor all [cas- Constitutional Council of Cambo- accuracy of this report and would the remaining 6,300 have is scheduled to conclude on groups to focus on: speed, ac- es] but through some cases dia (CCC) asking that the names have liked to have had our own been sent to drug rehabilita- May 17, 2021. curacy, fairness and probity. that lawyers from our or- of people who have no residential observers present, but from what tion centres instead of being “Given the progress in ad- Licadho deputy director ganisation observed, we saw address in any commune be de- I’m hearing today it sounds like the charged. dressing the backlog, we ex- Am Sam Ath noted that the that the courts had issued a leted, but they had been ignored.