AKP Phnom Penh, March 14, 2025 --

Cambodia’s public financial system has demonstrated its resilience, effectiveness and accountability in the context of global uncertainties, thanks to the government’s constant sharp reforms, said H.E. Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance. 
He made the remarks in the 2024 Annual Review Meeting of the Public Financial Management Reform Program Phase 4, held here on Mar. 13. 
“Cambodia’s public financial system is on the right track, realistic and aligns with international standards that ensure efficiency, transparency and accountability, particularly it is flexible and resilient to the changes in the socio-economic situation in the region and the world,” he said.

H.E. Dr. Aun Pornmoniroth credited the success of the country’s public financial management system to the implementation of the “reform – live, not reform – die”, a philosophy’s principle initiated by Samdech Akka Moha Sena Padei Techo Hun Sen, former Prime Minister and current President of the Senate.

He added that it is still valid and should continue to be implemented regularly.

Additionally, he affirmed that the current Royal Government of Cambodia, under the leadership of Prime Minister Samdech Moha Borvor Thipadei Hun Manet, continues to prioritise public financial management reform. 

“A public financial management reform programme is essential, not only due to evolving external conditions, but also to maintain the country’s macroeconomic stability and resilience, thereby achieving the Cambodia’s ambitions,” said the DPM.

 
By Chea Vannak