Partnerships for Development Results project works to promote the Royal Government of Cambodia’s (RGC) development finance management capacities and partnership practices in order to achieve the 2030 Sustainable Development Goals (SDG). Specifically, the project support the Royal Government to localize the goals and to manage development finance flows to ensure that resources are mobilized and used to sustainable and equitable economic growth. At the same time, the project is working with the Government and its partners to prepare for Cambodia’s graduation from the Least Developed Country group by focusing on promoting trade and economic competitiveness and to ensure Cambodia’s readiness to formulate and manage an effective transition strategy that continues to address human development and economic vulnerability.
KEY EXPECTED RESULTS
1. National institutions and capacity to mobilize and manage all sources of development finance and to align diverse development finance sources with national strategies and Sustainable Development Goals have been strengthened.
2. Industrial Development Policy has become an effective tool for coordinating action across the Government institutions, and with private actors, for supporting Cambodia to move up the global value chain and provide for improved livelihoods for the population.
3. The Government has formulated and implemented its Development Cooperation and Partnerships Strategy to promote effective policy dialogue between all development stakeholders and to align resources with RGC priority programmes.
· With technical support from the project, a number of key documents was drafted and endorsed by the Government. They include: the Cambodia’s Sustainable Development Goals (CSDG) Framework, the National Strategic Development Plan (NSDP, 2019-2023), the Voluntary National Review (VNR), the Development Finance Assessment (DFA), the Development Cooperation and Partnership Strategy (SCPS), Development Cooperation and Partnership Report (DCPR), and Joint Monitoring Indicator report.
· The Voluntary National Review was submitted.
· Overseas development assistance (ODA) Database structure and coding were reviewed and outreach activities were conducted targeting stakeholders responsible for entering data, data validation, cleaning, and analysis.
· The project has been supporting the Government to improve its capacity for aid coordination. The capacity’s improvement has been shown through the counterpart staff’s ability to lead and implement core functions such as coordination and consultations, to conduct Busan survey, and the review and revision of the DCPS.