Cambodia: COVID-19 Active Response and Expenditure Support Program

Details

Project 54195-001
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Type Loan
Sector Health
Country Cambodia
Start 2020
End 2021
Status Ongoing
Last Edited 05 Jul 2021

Funding

US$('000) 290,000
Confinancing Source: Agence Francaise de Developpement

Project Description

The principal objective of the Program is to support the Borrower's (Cambodia) countercyclical fiscal policy in response on the COVID-19 pandemic, including by mitigating the adverse impact on poverty caused by the COVID-19 pandemic. The scope of the Program includes the following social, health and economic measures: (i) providing social assistance to individuals including informal workers and famersthrough the cash handouts program; (ii) strengthen the healthcare sector to cope with potential surges in COVID-19 cases; and (iii) tax relief measures to support small to medium sized enterprises impacted by COVID-19 implemented. The Program is described in more detail in the Policy Letter. The Program is expected to be completed by 30 June 2021.




Progress (as of March 2021)

Contacts

Contact 1
Contact Name Thomas, Jhelum Tini
Organization SERD/ADB
Email
Contact 2
Contact Name -
Organization -
Email -

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  • COVID-19 outbreak effectively managed and its immediate adverse social and economic effects reduced.
  • Health measures to combat the spread of COVID-19 supported.
  • Resources dedicated to social assistance disbursed and relief for affected people implemented.
  • Economic stimulus package for adversely impacted sectors delivered.