The country partnership strategy (CPS), 2014-2018 for Cambodia aligns with the country’s strategic planning cycle and the new priorities of the government’s Rectangular Strategy for Growth, Employment, Equity and Efficiency, Phase III and the National Strategic Development Plan for 2014-2018 and the recommendations from the Independent Evaluation Department at ADB and ADB’s Midterm Review of Strategy 2020.
Consistent with the government’s economic reform priorities, the impact of the CPS will be reduction in poverty and vulnerability. To achieve this, the CPS will embed the three strategic agendas of the Midterm Review of Strategy 2020 into all ADB operations:
- inclusive economic growth, through sustained high growth and the creation of more diversified economic opportunities, broader access to these opportunities, and targeted social safety nets to protect the chronically poor;
- environmentally sustainable growth, through the use of environment and climate-friendly technologies, implementation of environmental safeguard measures, and strengthened institutional capacities; and
- regional cooperation and integration, through closer policy coordination in support of regional and global public goods, and larger regional markets for goods, services, and capital.
Responding to the recommendations of the Midterm Review of Strategy 2020, the CPS for 2014-2018 will emphasize catalyzing resource flows and providing knowledge solutions. Public-private partnerships will be a key activity, as will strategies to enhance partnerships with cofinanciers and implement knowledge activities.
The country operations business plan (COBP), 2017-2019 is guided by priorities reflected in Cambodia's Rectangular Strategy Phase III; the National Development Plan, 2014-2018; and the Industrial Development Policy, 2015-2025. The country program for 2016-2019 emphasizes a programmatic approach under each of the three pillars of the CPS, 2014-2018 of ADB for Cambodia (deepened rural-urban-regional links, targeted human and social development, and enhanced public sector management) and seeks to ensure integration and synergies between the pillars through individual projects and programs.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.