Jobs, Security, and Dignity: Cambodia's $1.24 Billion Response to an Unprecedented Crisis

PHNOM PENH, September 8, 2026 – At a time of economic uncertainty, Cambodia has taken a decisive step to protect families and livelihoods with the official launch of the Comprehensive Intervention Program (CIP), a $1.24 billion national response to multiple overlapping crises.

The program, presided over by Deputy Prime Minister and Minister of Economy and Finance Dr. Aun Pornmoniroth, aims to address shocks pressing simultaneously on rural incomes, trade, manufacturing, remittances, and household welfare.

"A job is not simply a source of income. It provides security, opportunity, and dignity," said World Bank Acting Country Manager Faya Hayati at the launch event. To support the CIP, the World Bank is activating emergency financing components to rapidly redirect funds toward urgent priorities.

Thousands of local jobs will be created through skills training, community-based school construction, rural road rehabilitation, and irrigation restoration—targeting poor and vulnerable communities across the country.

— Source: World Bank Cambodia

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Reported by The Khmer Today