Cambodia : Support for Revenue Mobilization — Development of a Government Bond Market and Strengthening Subnational Revenues

Sovereign Project | 56048-001

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

  • Project Officer
    Rabidin, Ahmad Faris Bin
    Sectors Group
    Request for information
  • 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
Project Status
Active
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA 10270-CAM: Support for Revenue Mobilization " Development of a Government Bond Market and Strengthening Subnational Revenues
Source Amount
Technical Assistance Special Fund US$ 750,000.00
Operational Priorities
  • OP1: Addressing remaining poverty and reducing inequalities
  • OP2: Accelerating progress in gender equality
  • OP6: Strengthening governance and institutional capacity
Sector / Subsector
  • Finance / Money and capital markets

  • Public sector management / Public expenditure and fiscal management

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.

Project Rationale and Linkage to Country/Regional Strategy
Impact

Macroeconomic and financial stability strengthened through domestic revenue mobilization and market access

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

Contact

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

Funding

TA 10270-CAM

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
19 Dec 2023 03 Jun 2024 03 Jun 2024 31 Dec 2026 - -
Financing Plan/TA Utilization
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
750,000.00 0.00 0.00 0.00 0.00 0.00 750,000.00
Cumulative Disbursements
Date Amount
29 Jul 2024 0.00

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Access to Information Policy (AIP) 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.


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

None currently available.


The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.

Tenders

Tender Title Type Status Posting Date Deadline
International Bond Market Expert Individual - Consulting Closed

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.