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Hun Manet aims to turn Cambodia into upper middle-income country by 2030

Prime Minister Hun Manet Aims to transform Cambodia into an upper middle-income country by 2030 and a high-income country by 2050, according to his speech at his first cabinet meeting. The strategy focuses on governance and modernizing state institutions to promote good governance, reduce poverty, and increase employment. However, critics argue that corruption and nepotism will hinder the strategy's success. Reopening the political space, respecting human rights, and accepting the role of NGOs would be effective ways to implement the plan, according to legal expert Vorn Chan Lout. The ruling Cambodian People's Party won a majority in the recent national elections, while the opposition Candlelight Party was not allowed to compete.

The post Hun Manet aims to turn Cambodia into upper middle-income country by 2030 appeared first on Balanced News Summary.



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Hun Manet aims to turn Cambodia into upper middle-income country by 2030

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