EU Plans to Disburse 59 Million Euros to Support Cambodia’s Development Agenda This Year

The European Union is planning to extend some 59 million euros to support Cambodia's efforts to eradicate poverty and achieve the Sustainable Development Goals in 2016, said the EU Delegation to Cambodia's press kit dated Feb. 19.

The EU provides funds to Cambodia through two main channels: bilateral cooperation supporting the Royal Government of Cambodia (RGC) and thematic programmes supporting civil society organisations and local authorities, it said, adding that there are also regional cooperation projects covering several neighbouring countries.

According to the press kit, the bilateral cooperation is designed to support the implementation of the RGC's key national development policies. The EU has allocated 410 million euros under its bilateral cooperation programme with Cambodia for the period 2014-2020. In particular, these funds will help the Government to strengthen agriculture and the management of natural resources, provide better quality education and implement governance and administration reforms such as public financial management (PFM), decentralisation, and electoral reform.

The thematic programmes, which support directly civil society and non-State actors, cover a great variety of areas, such as capacity building for civil society, human rights, local governance, environment and climate change and gender. The EU provides co-financing to civil society organisations, awarded through competitive calls for proposals procedure.

With these funds, the EU is currently is funding 54 projects, for a total of more than 49 million euros, throughout 23 provinces of Cambodia.

"To ensure the EU funds are used effectively and transparently, regular and detailed monitoring and evaluation of all EU-funded projects is carried out by the EU Delegation, by monitoring missions from EU Headquarters and by independent audit firms," said Mr. Alain Vandersmissen, Charge d'Affaires a.i. of the EU Delegation to Cambodia, told a press conference on Friday

Source: AKP