On the morning of November 10, 2025, Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth chaired a workshop at the National Assembly Palace on the macroeconomic and public-finance policy framework for drafting the Law on Financial Management for 2026.
He said the framework was being prepared while Cambodia's economy continued to face multiple overlapping crises beyond the country's control, including changes in global trade policy, unilateralism and temporary border closures with a neighbouring country.
He outlined three main topics:
1. The context for preparing the 2026 macroeconomic policy framework;
2. The direction of public-finance policy; and
3. A summary of the draft Law on Financial Management for 2026.
He said the 2026 budget had been carefully prepared in line with the Medium-Term Fiscal Framework for 2026–2028, taking account of three main economic considerations:
1. A downward trend in state revenue;
2. Increasing spending pressures, particularly for national defence, social programmes and public investment; and
3. The depletion of government savings following the COVID-19 crisis and successive other crises.
Despite these challenges, he said the 2026 budget was balanced and would not draw on government savings. The new budget reflected a policy of improving budget effectiveness to sustain economic stability and continued growth, focusing on stronger capacity to defend national sovereignty, human development, public-administration reform and a well-governed economic structure.
By: Preah Sihanouk Provincial Television
