Logo of Phnom Penh Post newspaper Phnom Penh Post - MEF holds agricultural workshop

MEF holds agricultural workshop

MEF holds agricultural workshop

The Ministry of Economy and Finance (MEF) organised a consultation workshop yesterday to gather information and comments from agriculture sector stakeholders to assist in the preparation of a 2018 national budget that would better support to the sector.

MEF Secretary of State Vong Sey Vissoth, who co-chaired the session alongside Agriculture Minister Veng Sakhon, said Cambodia’s agriculture sector faces myriad challenges.

He said the concerns raised by industry stakeholders participating in the workshop would be crucial to formulating a national budget plan next year.

“This Ministry [of Agriculture] is a priority ministry so an increased budget for its spending will be considered,” he said. “But before considering whether to enlarge the budget for more spending, we need to examine the current spending and see whether it is in line with our objectives.”

Vissoth explained that the agriculture sector was crucial for the country’s economic growth and food security. He added that the MEF will focus its effort on examining how to improve productivity in the sector and increase crop diversification.

Chan Sophal, director of the Centre for Policy Studies (CPS), who attended the workshop, said Cambodia’s agriculture industry faces broad-ranging issues such as declining prices and low market demand that cannot be resolved by the Agriculture Ministry alone.

He noted, however, that the focus of yesterday’s discussion was not to identify immediate solutions to those problems, but rather to provide constructive feedback for the government’s work on the national budget.

“This discussion is to gather inputs for preparing the 2018 national budget . . . and to allocate the budget for the right targets,” he said.

MOST VIEWED

  • Ministry taking steps over Thai ‘replica’ of Angkor Wat

    The Ministry of Culture and Fine Arts has dispatched experts to inspect the ongoing construction of a temple in Wat Phu Man Fah, located in Thailand’s Buriram province. This temple appears to be a replica of Cambodia’s renowned Angkor Wat. The ministry said

  • Ream base allegations must end, urges official

    A senior government official urges an end to the allegations and suspicions surrounding the development of Cambodia’s Ream Naval Base, now that Prime Minister Hun Manet has addressed the issue on the floor of the 78th UN General Assembly (UNGA 78). Jean-Francois Tain, a geopolitical

  • Cambodia claims int’l titles in eight-sided arena

    Three prominent Cambodian Kun Khmer fighters – Thoeun Theara, Phal Sophorn and Roeung Sophorn – all claimed International Professional Combat Council (IPCC) world titles at the September 30 octagonal ring event at Town Arena, although popular Kun Khmer exponent Prum Samnang failed to secure a win in his

  • PM to open new Siem Reap int’l airport December 1

    Prime Minister Hun Manet and Chinese leaders would jointly participate in the official opening of the new Chinese-invested Siem Reap-Angkor International Airport on December 1. The airport symbolises a new page in the history of Cambodian aviation, which will be able to welcome long-distance flights to

  • Rapper VannDa bridges borders with beats

    Born in a bustling Cambodian market, a young dreamer named VannDa found his rhythm amid the clatter and chaos. Today, his beats resonate far beyond the shores of his homeland, streaming on platforms like Spotify and capturing the imaginations of hip-hop fans in the region

  • CP denied registration documents by ministry

    The Ministry of Interior will not reissue registration documents to the Candlelight Party (CP). Following a September 21 meeting between ministry secretary of state Bun Honn and CP representatives, the ministry cited the fact that there is no relevant law which would authorise it to do