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Cambodia National Budget Overview 2024

The document summarizes Cambodia's national budget for 2006. It explains that the budget is a plan for raising funds through taxes, fees, and other revenues, and spending those funds to benefit Cambodian citizens. It details the various sources of domestic revenue including different types of taxes. It also outlines the allocation of budget spending across priority sectors like education and health, as well as spending on defense, other government ministries, and public investment projects. The document concludes that foreign aid makes up a significant portion of Cambodia's budget and that external debts total around $3 billion.

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Mey Mey
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51 views16 pages

Cambodia National Budget Overview 2024

The document summarizes Cambodia's national budget for 2006. It explains that the budget is a plan for raising funds through taxes, fees, and other revenues, and spending those funds to benefit Cambodian citizens. It details the various sources of domestic revenue including different types of taxes. It also outlines the allocation of budget spending across priority sectors like education and health, as well as spending on defense, other government ministries, and public investment projects. The document concludes that foreign aid makes up a significant portion of Cambodia's budget and that external debts total around $3 billion.

Uploaded by

Mey Mey
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

Chapter1

Understanding Cambodia’s National Budget 2006

Public Finance Lecturer: Phul 1


Boran
2
What is a National Budget?
Cambodia's national budget is both a plan for fund
raising, and a spending plan to ensure funds are used
effectively for the benefit of the Cambodian people.
This plan is made by the Royal Government of
Cambodia and adopted by the National Assembly and
the Senate.

3
Domestic Revenue
• Domestic revenue includes money collected by the
tax department, customs department, and non-tax
department of the Ministry of Economy and Finance.

4
Revenue from Direct Taxes
• The direct taxes are comprised mainly of tax on salary,
tax on profit, and tax on land and property. Tax officers
directly receive these taxes from individuals or
companies.

5
Revenue from Indirect Taxes
• The indirect taxes are comprised mainly of value
added taxes, and excise taxes on consumer goods and
machinery, which are imported or locally produced.

6
Revenue from International Trade Taxes
• International trade taxes, or "customs duties" are
applied on imported and exported goods. Therefore,
these taxes are directly received from importers or
exporters by customs officers.

7
Non-Tax Revenue
• The non-tax revenue generally includes government
fees on the concessions of state properties, such as
fishing lots, forestry, state owned enterprises or real
estate.

8
Budget Spending
• In order to provide public services to the citizen, the
government expects to spend a total of CR 3,718
billion on the salary of civil servants, general
operational activities, and public investments, such as
roads, schools, and hospitals, in 2006.

9
Spending on Priority Sectors
• In the 2006 national budget, the four priority ministries of
Education, Public Health, Agriculture, and Rural Development,
have an allowance of CR 793 billion, which corresponds to an
increase of 17 percent compared with the 2005 budget. This
amount is equal to 21 percent of the total national budget
spending. Education represents about 56 percent of the total,
followed by Public Health (33 percent). Agriculture and Rural
Development together represent only 11 percent of the total
spending of the priority sectors.

10
Spending on Defense and Security
• The budget allocated for Defense and Security
represents 13 percent of the total 2006 national
budget. The National Defense represents 64 percent
of the total budget allocated for Defense and Security
in 2006.

11
Spending on Other Ministries
• The budget of the Royal Palace, Senate, National
Assembly, and Council of Ministers amounts to CR
168 billion and represents 30 percent of the total 2006
national budget. It was increased by 21% compared
with the 2005 budget.

12
Spending on Public Investment
• Public infrastructure, such as roads, schools, and hospitals, is
critical for economic development and the well being of
citizens. Cambodia still profoundly suffers from a lack of
adequate public infrastructure.
• The budget for public investment represents 36 percent of the
total national budget 2006. This budget is mostly financed by
foreign donors.

13
Foreign Aid and External Debts
• Since 1993, Cambodia has received about US$ 600
million per year in foreign aid, which is composed of
grants and loans. The overall loans accrued since
1993 are estimated to amount to US$ 1 billion at the
end of 2005. If we include the not-yet-recognized
loans owed to the USA during 70's and Russia during
80's, the total amount of Cambodia external debts
should reach almost US$ 3 billion.

14
15
The objective of this booklet is to explain the National Budget of
Cambodia: where does the money come from, and where does it go to?
Public money belongs to all Cambodian citizens, and the way it is
collected and spent affects their daily life.

16

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