Key Notes at the Opening Ceremony of the Annual Review of the Public Financial Management Reform Program

Excellencies, Lork Chumtiev, Members of the RGC
Excellencies, Lork Chum Tiev, Ladies and Gentlemen, National and International Guests!

Today, it is my great honor and pleasure to be with Excellencies, Lork Chum Tiev, Ladies and gentlemen, national and international guests, at this important Annual Review Meeting of the Public Financial Management Reform Program (PFMRP). Let me joint HE. Minister Aun Porn Moniroth to warmly welcome Excellencies, Lork Chum Tiev, Ladies and Gentlemen for participation in today meeting.

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Selected Impromptu Comments at the Opening of the 2014 Annual Review of Public Financial Management Reform Program

In addition to the prepared text, Samdech Techo Hun Sen made comments on a number of issues with unofficial selections and translations as followed:

Balance of Incomes and Expenses

Please allow me to open a bracket here. Those of you who are new to Cambodia may not have a sense of what the Cambodian financial situation was. As a Prime Minister the most difficult thing that ever happened was when there was a debt of cash and was the happiest vice versa. I once told HE Keat Chhon (then Minister for Economy and Finance) to borrow money from HE Thao Pengleat (then Governor of the National Bank) and then to the current governor Chea Chanto for monthly salary of the civil servants and armed forces. We owed the central bank and also prolonged payment for the civil servants too. The salary was meager but we were not able to pay. There was no cash. Cambodia then was said to have sixty days a month.

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