World Bank’s Systematic Country Diagnostic (SCD) for Cambodia.
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World Bank’s Systematic Country Diagnostic (SCD) for Cambodia.
The SCD is a study conducted by the World Bank based on empirical evidence, to identify key challenges and opportunities for poverty reduction and inclusive, shared growth and development in Cambodia.
Presenting the SCD at a consultative meeting in the National Assembly, Miguel Eduardo Sanchez Martin, senior economist at the World Bank, said that challenges to sustain strong economic growth were in the agriculture and garment manufacturing sectors...
The SCD findings also indicated that the percentage of economically vulnerable people in the country remains large.
“Poor and economically vulnerable population together still represent 65 percent of the total population. The slowdown in agriculture may expose the economically vulnerable,” stated the SCD.
On public health, the SCD pointed out that 70 percent of total health expenditure was made by Cambodians themselves and this out-of-pocket expenditure was among the highest in the world.
The SCD findings for education indicate low secondary completion rates with only 45 percent finishing lower secondary school.
“This is inferior to lower middle-income countries that have a 72 percent completion rate. The lack of human capital limits mobility and prospects for economic upgrading,” stated the SCD.
Chheang Von, a lawmaker from the ruling CPP, disagreed with some of the SCD findings and requested that the World Bank update the report based on current realities in the country...
http://www.khmertimeskh.com/news/33166/ ... ulnerable/
Presenting the SCD at a consultative meeting in the National Assembly, Miguel Eduardo Sanchez Martin, senior economist at the World Bank, said that challenges to sustain strong economic growth were in the agriculture and garment manufacturing sectors...
The SCD findings also indicated that the percentage of economically vulnerable people in the country remains large.
“Poor and economically vulnerable population together still represent 65 percent of the total population. The slowdown in agriculture may expose the economically vulnerable,” stated the SCD.
On public health, the SCD pointed out that 70 percent of total health expenditure was made by Cambodians themselves and this out-of-pocket expenditure was among the highest in the world.
The SCD findings for education indicate low secondary completion rates with only 45 percent finishing lower secondary school.
“This is inferior to lower middle-income countries that have a 72 percent completion rate. The lack of human capital limits mobility and prospects for economic upgrading,” stated the SCD.
Chheang Von, a lawmaker from the ruling CPP, disagreed with some of the SCD findings and requested that the World Bank update the report based on current realities in the country...
http://www.khmertimeskh.com/news/33166/ ... ulnerable/
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