National Macroeconomic Forecasting Model the Case of Cambodia
|
|
- Coleen Owen
- 6 years ago
- Views:
Transcription
1 Workshop on Macroeconomic Modeling in Asia and the Pacific 8-11 December 2015 Bangkok, United Nations Conference Centre (UNCC) National Macroeconomic Forecasting Model the Case of Cambodia Cambodian Team: 1-Mr. Cheng Savuth (MEF,GDNT) 2-Mr. Senh Senghor (MEF, GDT) 3-Mr. Kim Vera (MOEYS) Disclaim: This presentation represents the view of the authors and does not represent the views of the ministry of economy and finance or any departments. The views expressed herein should be attributed to the authors and not to the MEF or its management. 1
2 Photo: Linna Ky / World Bank Phnom Penh, Cambodia 2
3 Why do we need macroeconomic modeling? To support policy makers with difference scenarios to consider To support national budget preparation (revenue and expenditure) 3
4 Why do we need macroeconomic modeling? Rectangle Strategy (Government s Plan) 5 years Macroeconomic Condition (Past, Current and Future) Yearly GDP Growth Rate, Inflation Public Forum Cambodia s Annual Budget Law (Planned Expenditure/Revenue) Execution of Budget (Expenditure/Reveneue) Source: Author s compilation based on relevant documents 4
5 Who is the main organization responsible for macroeconomic forecasting? 1. Secretariat General Department 2. General Department of Economic and Public Finance Policy (GDEPFP) Department of Macroeconomic Policy and Fiscal Department of Statistics Department of Economic Integration and ASEAN 3. General Department of Budget 4. General Department of Sub-National Administration Finance 5. General Department of Public Procurement 6. General Department of Customs and Excise (GDCE) 7. General Department of Taxation (GDT) 8. General Department of State Property and Non-Tax Revenue: 9. General Department of National Treasury (GDNT) 10. General Department of Financial Industry 11. General Inspectorate Department 12. General Department of Internal Audit Source: 5
6 Forecasting GDP (Old Technique) Production Function Production approach in agriculture sector Linear-Stages Theory in Other Sectors (Harrod-Domar Growth Model) Source: public workshop presentation by senior officer of MEF, GDEPFP 6
7 Linear-Stages Theory Production function Q = ƒ(k, L, A) Where Q: real output, K: capital, L: labor, A: technology Exceptional function in Cambodia g = s/k Where g: the growth rate of GDP s: the saving ratio (s = S/Y or s = I/Y) k: the ICOR (incremental capital-output ratio) that measure the efficiency of investment (k = I/ Y) - inefficient when ICOR become bigger and bigger Y: income (GDP) I: Investment that is financed by saving. Source: public workshop presentation by senior officer of MEF, GDEPFP 7
8 The ICOR Source: public workshop presentation by senior officer of MEF, GDEPFP 8
9 Fiscal Policy The main objectives: Achieve macroeconomic stability Facilitate economic growth with low inflation (single digit) Support government policies set forth in the official documents- CMDG, NSDP etc. The adequate measures undertaken: Budget implementation with extreme prudence and caution (Budget discipline) Improvement in revenue collection Selective spending policies (Sector priority) Source: public workshop presentation by senior officer of MEF, GDEPFP 9
10 Fiscal performance has improved thanks to strong revenue collection and prudent spending Revenue collection has increased substantially in recent years driven by economic buoyancy and improvement in tax administration. Spending has been broadly in line with the budget, and as a result, the fiscal position and government deposits have continued to improve. Source: public workshop presentation by senior officer of MEF, GDEPFP 10
11 Recent in Revenue Policy Reforms Targeting 0.5% of GDP yearly increase in the medium term - Broadening the taxable base and reducing the tax rate - Simplification of the tax structure - Ensuring the productivity and buoyancy of taxes - Recognition of the need to harmonize tax regimes among neighboring tax jurisdictions Source: public workshop presentation by senior officer of MEF, GDEPFP 11
12 Forecasting of GDP (New Technique) Summary (short-term forecast): 1. Past data of main economic indictors (Different Sources) 2. Past data of output of each economic sector (National Account) 3. Applies the forecasting techniques to each sector using main indicators to estimate (forecasted) growth rate of each sectors 4. The forecasted growth rate of each sector is used to forecast output by each sectors. 5. Aggregate all the forecasted sectoral output to get GDP (nominal) and real GDP (by adjusting with relevant deflator) 6. Calculated the forecast growth rate of GDP 7. Forecasted growth rate of GDP is used for fiscal forecasting and others Source: author s compilation from interview and relevant documents 12
13 Some of the main indicators Garment exports Number of tourists Credit to the private sector divided by the CPI Merchandise Imports divided by GDP Import of construction material + construction equipments + cement and steel; divided by the CPI Electricity energy consumption Government revenue divided by the CPI Others indicators Source: author s compilation from interview and relevant documents 13
14 Forecasting Technique The real growth of each sector is assumed to depends on the growth rate of the indicators: Growth rate by sectors Main indicators y=f(x) Source: author s view 14
15 Data Sources MEF department of statistics National Institute of Statistics National Bank of Cambodia Other local and international sources Source: author s compilation from interview and relevant documents 15
16 Application of Forecasting Model The forecasted GDP growth rate and inflation has been used in designing annual budget law. It is used to help in fiscal projection such as expenditure and revenue Source: author s compilation from interview and relevant documents 16
17 Conclusions of the team Macroeconomic forecasting model is very useful in providing alternative future projection for assisting policy makers to choose. The role of forecasting is being widely accepted in government institutions, for example at GDT and GDCE, we have revenue forecasting. At GDNT, we have cash forecasting and debt management, budget execution forecasting (quarterly, semi-annually, annually). The capacity-building for forecasters on knowledge such as forecasting technique is needed for Cambodia. 17
18 Conclusions of the team Every forecasting technique should be checked for fitness, validity and its assumptions. This helps to update the techniques. Moreover, quality of data do need improvement in the context of Cambodia. International Community, especially, ESCAP can help Cambodia By promote capacity building for forecasters Providing support for setting of system or software for forecasting Allow networking of forecasters (local and international) to share experience on the way forecasting technique is being used. It can validate or modify the currently used technique It can construct technique that allow crosscountries/regional comparison 18
19 (Angkor Wat Arial View) Thank you very much for your listening. 19
National Policies and Strategies in Preparation for Graduation. Cambodian team: Dr. Runsinarith Phim and Dr. Ribaun Korm
National Policies and Strategies in Preparation for Graduation from the LDC Category Cambodian team: Dr. Runsinarith Phim and Dr. Ribaun Korm 14 16 November 2017, Thimphu, Kingdom of Bhutan Disclaimer:
More informationContents. Oeur Sophal, Deputy Director of Department
National Accounts of Cambodia Oeur Sophal, Deputy Director of Department \\csng14p20101\covsea$\ibduser\cambodia\project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /1 Contents 1. Background
More informationDebt Sustainability Framework Debt Sustainability Analysis (Cambodia) DMF Stakeholders Forum June 3-4, 2015, Manila, Philippines
Debt Sustainability Framework Debt Sustainability Analysis (Cambodia) DMF Stakeholders Forum June 3-4, 21, Manila, Philippines Thirong PEN Deputy Director General General Department of Budget Ministry
More informationFiscal Policy for Development and its Budgetary Implications in Cambodia
ESCAP High-level Policy Dialogue Ministry of Finance of the Republic of Indonesia International Economic Summit 2013 Eleventh Bank Indonesia Annual International Seminar Macroeconomic Policies for Sustainable
More informationCompilation of Quarterly GDP: Methods, Problems, and Solution The case of Thailand
Strengthening Regional Capacities for Statistical Development in Southeast Asia Project Sponsored by UNSD, ESCAP and ASEAN Secretariat Bangkok, 6-10 August 2001 Compilation of Quarterly GDP: Methods, Problems,
More informationGDP and macroeconomic and fiscal forecasts
PFTAC GDP Compilation and Forecasting Workshop GDP and macroeconomic and fiscal forecasts Suva, Fiji October 18, 2016 Financial programming... is a quantitative approach used at the International Monetary
More informationSimple Macroeconomic Model for MDGs based Planning and Policy Analysis. Thangavel Palanivel UNDP Regional Centre in Colombo
Simple Macroeconomic Model for MDGs based Planning and Policy Analysis Thangavel Palanivel UNDP Regional Centre in Colombo Outline of the presentation MDG consistent Simple Macroeconomic framework (SMF)
More informationThe Macroeconomic Modelling in the National Bank of Kazakhstan
Workshop on Macroeconomic Modelling in Asia and the Pacific 8 11 December 2015 Bangkok, United Nations Conference Centre (UNCC) The Macroeconomic Modelling in the National Bank of Kazakhstan Prepared by
More informationThe Development of Government. Bond Market in Cambodia
The Development of Government Bond Market in Cambodia Asian BondsOnline Capacity Building Workshop on Bond Market Development in Emerging East Asia 17-18 August 2016, Raffle Hotel Le Royal, Phnom Penh
More informationThe Postponement to Pay Immovable Property Tax for 2013 Tax Payment for the Business of Boreys, Flats, Villas and Buildings for Sale
Bun & Associates TAX UPDATE The Postponement to Pay Immovable Property Tax for 2013 Tax Payment for the Business of Boreys, Flats, Villas and Buildings for Sale Registration Obligation for Organizations
More informationWorkshop on Macroeconomic Modelling in Asia and the Pacific 8 10 December 2015 Bangkok, Thailand. Tentative Programme
Workshop on Macroeconomic Modelling in Asia and the Pacific 8 10 December 2015 Bangkok, Thailand Tentative Programme Day 1 Tuesday, 8 December 2015 (Venue: Meeting Room A, UNCC) 0830 0900 Registration
More informationCambodia. Rules and procedures for resolving tax appeal at the General Department of Taxation of Ministry of Economy and Finance
Cambodia Modification of fiscal stamp tax rates The Royal Government of Cambodia (RGC) amended the fiscal stamp tax (FST) rates imposed on certain legal documents, business advertising posters, and sign
More informationCambodia Tax Profile. Produced in conjunction with the KPMG Asia Pacific Tax Centre. Updated: June Cambodia (2016) 1
Cambodia Tax Profile Produced in conjunction with the KPMG Asia Pacific Tax Centre Updated: June 2016 Cambodia (2016) 1 Contents 1 Corporate Income Tax 1 2 Income Tax Treaties for the Avoidance of Double
More informationTax System in Cambodia
Tax System in Cambodia BNG Legal 2016 No 65B, St 111 PO Box 172 Phnom Penh Cambodia +855 23 217 510 +855 23 967 450 +855 23 212 840 cambodia@bnglegal.com www.bnglegal.com Tax System in Cambodia TABLE OF
More informationPRAKAS ON THE DETERMINATION OF THE BASE FOR ACCOUNTING THE VALUE ADDED TAX ON TRANSPORT OF GOODS OR PASSENGERS
Ministry of Economy and finance No. 498 MEF.TD KINGDOM OF CAMBODIA NATION RELIGION KING β PRAKAS ON THE DETERMINATION OF THE BASE FOR ACCOUNTING THE VALUE ADDED TAX ON TRANSPORT OF GOODS OR PASSENGERS
More informationEconomic and Social Council
United Nations E/ESCAP/CST(4)/2 Economic and Social Council Distr.: General 22 January 2015 Original: English Economic and Social Commission for Asia and the Pacific Committee on Statistics Fourth session
More informationCambodia Tax Profile. Produced in conjunction with the KPMG Asia Pacific Tax Centre. Updated: June Cambodia (2015) (2)
Cambodia Tax Profile Produced in conjunction with the KPMG Asia Pacific Tax Centre Updated: June 2015 Cambodia (2015) (2) 1 Contents 1 Corporate Income Tax 1 2 Income Tax Treaties for the Avoidance of
More informationAsia-Pacific Economic Statistics Week Seminar Component Bangkok, 2 4 May Monthly flash estimates of Economic Growth In Georgia
Name of author Levan Gogoberishvili (Mr.) Asia-Pacific Economic Statistics Week Seminar Component Bangkok, 2 4 May 2016 Organization National Statistics Office of Georgia Contact address 30, Tsotne Dadiani
More informationKingdom of Cambodia Nation Religion King
Kingdom of Cambodia Nation Religion King STATISTICAL MASTER PLAN FOR CAMBODIA MID-TERM REVIEW Prepared by National Institute of Statistics November 2012 FOREWORD It is my great pleasure to introduce the
More informationTHE TAX SYSTEM OF THE KINGDOM OF CAMBODIA
Kingdom of Cambodia Nation Religion King Ministry of Economy and Finance General Department of Taxation THE TAX SYSTEM OF THE KINGDOM OF CAMBODIA By Vann Puthipol, Chief Department of Large Taxpayers General
More informationCountry Report UZBEKISTAN
Regional Course on SNA 2008 (Special Topics): Improving Exhaustiveness of GDP Coverage 22 30 August 2016 Daejeon, Republic of Korea Country Report UZBEKISTAN Data sources and estimation methods for compiling
More information17-18 October 2017 Phnom Penh, Cambodia CONCEPT NOTE
Strengthening Development of Least Developed Countries in Asia and the Pacific to support implementation of the 2030 Agenda for Sustainable Development 17-18 October 2017 Phnom Penh, Cambodia CONCEPT NOTE
More informationPerspective on Gender-Responsive Budgeting in Cambodia
Perspective on Gender-Responsive Budgeting in Cambodia Regional Forum on Gender-Responsive Budgeting in Asia and the Pacific 18-19 July 2017, UN-ESCAP Perspectives from Cambodia 1. Key gender and finance
More informationCurrent practice and status of the national accounts compilation in Uzbekistan
Current practice and status of the national accounts compilation in Uzbekistan Regional Course on SNA 2008 (Special Topics): Improving Exhaustiveness of GDP Coverage 22 30 August 2016 Daejeon, Republic
More informationGUIDE TO THE NATIONAL BUDGET
ACKNOWLEDGEMENTS This Guide has been produced by the Budget Project of the NGO Forum on Cambodia in cooperation with the Economic Institute of Cambodia. The Guide benefited from the valuable feedback of
More informationMacroeconomic Modeling for Planning in Nepal
Macroeconomic Modeling for Planning in Nepal BRIEF OVERVIEW Team : Lal Shanker Ghimire, Joint Secretary, NPCS Suman Aryal, D. Director General, CBS Rabi Shanker Sainju, Programme Director, NPCS, Ramesh
More informationMETHODOLOGY OF COMPILING QUARTERLY GDP ESTIMATES
METHODOLOGY OF COMPILING QUARTERLY GDP ESTIMATES The Central Statistical Organisation (CSO) introduced the quarterly estimates of Gross Domestic Product (GDP) on 30.6.1999. Quarterly Releases include GDP
More informationOFFICIALi\At,w. WUMEN4TS 2
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized OFFICIALi\At,w. WUMEN4TS 2 The World Bank 30th Floor, Siam Toer Telephone: (66) 0 26868300
More informationBANKING AND FINANCE & CAPITAL MARKET
Monthly Law Update February 2016 Table of Contents BANKING AND FI- NANCE & CAPITAL MARKET BUSINESS CIVIL PUBLIC LAW TAXATION & CUS- TOMS No 65, St 111 PO Box 172 Phnom Penh Cambodia +855 23 217 510 +855
More informationTraining Course on Basic Data Analysis for Price and Foreign Trade Data
Training Course on Basic Data Analysis for Price and Foreign Trade Data Ms. Münevver Nilgün Egemen Statistical, Economic and Social Research and Training Centre for Islamic Countries - (SESRIC) Central
More informationECO 209Y MACROECONOMIC THEORY LECTURE 1: INTRODUCTION AND POLICY. Gustavo Indart. Slide 1
ECO 209Y MACROECONOMIC THEORY AND POLICY LECTURE 1: INTRODUCTION Slide 1 BRANCHES OF ECONOMICS Microeconomics is concerned with the study of the choice problem faced by the economic agents: households
More informationMAINTAINING HIGH GROWTH CAMBODIA ECONOMIC UPDATE S E LEC TED I SSUE: DOLLARIZATION ISSUE: ADVANTAGES, DISADVANTAGES AND WAYS FORWARD
MAINTAINING HIGH GROWTH CAMBODIA ECONOMIC UPDATE S E LEC TED I SSUE: DOLLARIZATION ISSUE: ADVANTAGES, DISADVANTAGES AND WAYS FORWARD APRIL 2015 MAINTAINING HIGH GROWTH CAMBODIA ECONOMIC UPDATE APRIL 2015
More informationCOUNTRY PAPER - CAMBODIA
COUNTRY PAPER - CAMBODIA Khin Song 1 September 2009 1 Deputy Director General, National Institute of Statistics, Cambodia I. BACKGROUND Since 1979, Cambodia had adopted a decentralized statistical structure.
More informationItem
Key Indicators for Asia and the Pacific 2010 POPULATION Total population a million; as of 1 July 8.6 8.8 9.0 9.5 10.0 10.5 11.0 11.6 12.1 12.3 12.5 12.7 12.9 13.1 13.3 13.5 13.6 13.8 14.0 14.2 Population
More informationKingdom of Cambodia Nation Religion King 6. Prakas on Tax Registration. Senior Minister. Minister of the Ministry of Economy and Finance
Kingdom of Cambodia Nation Religion King 6 Ministry of Economy and Finance No. 496 MEF Prakas on Tax Registration 6 Senior Minister Minister of the Ministry of Economy and Finance - Having seen the Constitution
More informationThe previous chapter discussed key reforms
CHAPTER VI Economic Implications of Reform The previous chapter discussed key reforms of governance to which the Government has expressed its strong commitment. The case studies focused on five key areas
More informationBangkok. Well first of all I d like to personally recognise the work that Dr Akhtar has done to pursue the inclusive prosperity agenda for ESCAP.
1 Remarks ESCAP 4 th High Level Dialogue Bangkok Well first of all I d like to personally recognise the work that Dr Akhtar has done to pursue the inclusive prosperity agenda for ESCAP. The quality of
More informationMajor Infrastructure Investment Opportunity
PROPERTY: LOCATION: A Special Economic Zone (SEZ) of approximately 990 Ha, with Container Port License and Sand Extraction Rights. Located in Stung Hav on the south coast of Cambodia in Preah Sihanouk.
More informationShort-term statistics: Conceptual framework and its relevance to policy making
Short-term statistics: Conceptual framework and its relevance to policy making Regional Seminar on Industrial Statistics for Evidence-Based Policy Making 25-26 May 2017 Sochi, Russian Federation Benson
More informationSDG Localization into Cambodian Context and Financing for Implementation
SDG Localization into Cambodian Context and Financing for Implementation By Poch Sovanndy Deputy Director General of Planning Ministry of Planning, Cambodia Incheon, Republic of Korea, 31 October 2017
More informationA STRUCTURED APPROACH TO PRICE AND VOLUME MEASURES IN THE NATIONAL ACCOUNTS
A STRUCTURED APPROACH TO PRICE AND VOLUME MEASURES IN THE NATIONAL ACCOUNTS Presentation to the Regional Seminar on Developing a Programme for the Implementation of the 2008 SNA in the Pacific Region Carl
More informationQuestions may be referred to Ms. Fichera, APD (ext ).
To: Members of the Executive Board April 22, 2005 From: The Secretary Subject: Timor-Leste Statement by the IMF Staff Representative at the Donors Meeting Attached for the information of the Executive
More informationPrivate Equity and Institutional Investors: Risks and Opportunities in Cambodia and Lao PDR IPBA, Manila March 2018
Private Equity and Institutional Investors: Risks and Opportunities in Cambodia and Lao PDR IPBA, Manila March 2018 BANGLADESH CAMBODIA INDONESIA LAO PDR MYANMAR SINGAPORE THAILAND VIETNAM AGENDA Introduction
More informationNATIONAL ACCOUNTS STATISTICS TO KINGDOM OF TONGA. May Price: T$25.00
SDT: 35-07 KINGDOM OF TONGA NATIONAL ACCOUNTS STATISTICS 2001-02 TO 2009-10 May 2011 Statistics Department P.O. Box 149, Nuku alofa Government of Tonga Telephone: (676) 23-300 / 23-913 Email: dept@stats.gov.to
More informationMOCK EXAM PAPER QUESTIONS
MOCK EXAM PAPER QUESTIONS Time allowed Reading and planning: 15 minutes Writing: 3 hours All FIVE questions are compulsory and MUST be attempted. Tax rates and rebates are listed on page 2. CAMBODIAN TAXATION
More informationFinancing strategies to achieve the MDGs in Latin America and the Caribbean
UNDP UN-DESA UN-ESCAP Financing strategies to achieve the MDGs in Latin America and the Caribbean Rob Vos (UN-DESA/DPAD) Presentation prepared for the inception and training workshop of the project Assessing
More informationRole of PTAs for Promoting MSMEs Integration in GVCs
Role of PTAs for Promoting MSMEs Integration in GVCs Masato Abe, Ph.D. IEDS, TIID, ESCAP Regional Dialogue on ENHANCING THE CONTRIBUTION OF PREFERENTIAL TRADE AGREEMENTS TO INCLUSIVE AND EQUITABLE TRADE
More informationMONTHLY LAW UPDATE EDUCATION YOUTH AND SPORT. - Ministry of Tourism; - The Office of Council of Ministers; - Ministry of Economy and Finance;
MONTHLY LAW UPDATE December 2015 TABLE OF CONTENTS EDUCATION YOUTH AND SPORT ENVIRONMENT HEALTH AND MEDICINES PUBLIC LAW TAXATION AND CUSTOMS TOBACCO AND DRUCG CON- TROL EDUCATION YOUTH AND SPORT Sub Decree
More informationECONOMY REPORT - BRUNEI DARUSSALAM
ECONOMY REPORT - BRUNEI DARUSSALAM (Extracted from 2001 Economic Outlook) REAL GROSS DOMESTIC PRODUCT In 2000, Brunei Darussalam s economy improved and grew at 3 percent, compared to 2.5 percent in the
More informationINTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL MONETRY FUND CAMBODIA. Joint Bank-Fund Debt Sustainability Analysis 1
Public Disclosure Authorized INTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL MONETRY FUND CAMBODIA Joint Bank-Fund Debt Sustainability Analysis 1 Public Disclosure Authorized Public Disclosure Authorized
More informationCambodia: Preparing the Strengthening of Public Financial Management for Rural Development Projects
Technical Assistance Consultant s Report Project Number: TA 4988 CAM October 2008 Cambodia: Preparing the Strengthening of Public Financial Management for Rural Development Projects : October 2008 Prepared
More informationINVESTMENT INCENTIVES IN CAMBODIA
INVESTMENT INCENTIVES IN CAMBODIA PHNOM PENH SECURITIES PLC. No. 32, Monivong Bld, Phnom Penh, Cambodia Tel: +855-23-426-999 Fax: +855-23-426-495 Website: http://www.pps.com.kh In this Paper: Executive
More informationDevelopment and Implementation of an Integrated National Social Protection Strategy
Development and Implementation of an Integrated National Social Protection Strategy Vathana Sann (PhD) Deputy Secretary General Council for Agricultural and Rural Development South South in Practice: Implementing
More informationThe LDC criteria and indicators
National workshop Graduation from the LDC category Nay Pyi Taw, Myanmar, 9-10 December 2014 The LDC criteria and indicators Matthias Bruckner Committee for Development Policy Secretariat Department of
More informationCAMBODIA NATIONAL MONEY LAUNDERING AND TERRORIST FINANCING RISK ASSESSMENT REPORT
CAMBODIA NATIONAL MONEY LAUNDERING AND TERRORIST FINANCING RISK ASSESSMENT REPORT 8 Foreword Money laundering is the acts that criminals convert properties generated from proceeds of crimes into legitimate
More informationDebt Sustainability Analysis (Cambodia) 2018 Asian Regional Public Debt Management Forum June 2018, Samui, Thailand
Debt Sustainability Analysis (Cambodia) 2018 Asian Regional Public Debt Management Forum 13-15 June 2018, Samui, Thailand DUN Bonita Office of Debt Analysis Department of Debt Management General Department
More informationTax Reform in Vietnam Issues Need to be Addressed. Nguyen Van Phung Tax Policy Department Ministry of Finance Vietnam
Tax Reform in Vietnam Issues Need to be Addressed Nguyen Van Phung Tax Policy Department Ministry of Finance Vietnam 1 Outline of the Presentation: Overall of the reform of the Vietnamese tax system First
More informationSenior Minister Minister of Economy and Finance
Kingdom of Cambodia Nation Religion King Ministry of Economy and Finance No. 741 MoEF.BrK Prakas On Rule and Procedure for Implementation of Income Tax and Other Taxes Related to the Activity of Cut, Make
More informationREFERENCE NOTE. No. 28/RN/Ref./November /2013
LOK SABHA SECRETARIAT PARLIAMENT LIBRARY AND REFERENCE, RESEARCH, DOCUMENTATION AND INFORMATION SERVICE (LARRDIS) MEMBERS REFERENCE SERVICE REFERENCE NOTE. No. 28/RN/Ref./November /2013 For the use of
More informationCALL FOR APPLICATIONS SEARCH FOR EXPERTS
CALL FOR APPLICATIONS SEARCH FOR EXPERTS Publication Reference: Action title : Advice on Financial Regulation for Social Protection Action code and partner country : SOCIEUX+ 2018-04 Cambodia Partner Institution:
More informationNote on Trade and Investment Policy Coordination in Lao PDR
Note on Trade and Investment Policy Coordination in Lao PDR Prepared by Sirisamphanh Vorachith, Deputy Permanent Secretary, Ministry of Industry and Commerce, Lao PDR ARTNeT Consultative Meeting on Trade
More informationEXECUTIVE SUMMARY. IPB dan UI TEAM
EXECUTIVE SUMMARY IPB dan UI TEAM The discussion on commodity price volatility became crucial when the world was facing the multiple crisis - 3Fs phase (fuel, food, and financial) during the period of
More informationEnergy Projects in the Mekong Region
CLICK TO EDIT MASTER TITLE STYLE Energy Projects in the Mekong Region IBA Annual Meeting Tokyo IBA Power Law Committee Panel 22th October 2014 B A N G L A D E S H C A M B O D I A I N D O N E S I A L A
More informationClimate Action Peer Exchange for Finance Ministries
Climate Action Peer Exchange for Finance Ministries Key Questions for Finance Ministries 1 BIG GAPS REMAIN MANY AROUND THE WORLD ARE IN NEED OF THE BASICS How do I promote environmentally sustainable growth
More informationGeneral information on ASEAN appears on-line at the ASEAN website: Cataloging-in-Publication Data
The Association of Southeast Asian Nations (ASEAN) was established on 8 August 1967. The members of the Association are Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines,
More informationGetting India Back to the Turnpike: What will it Take?
Getting India Back to the Turnpike: What will it Take? Rakesh Mohan Senior Fellow Jackson Institute for Global Affairs Yale University And Distinguished Fellow Brookings India George Washington University
More informationCOMMISSION STAFF WORKING DOCUMENT EXECUTIVE SUMMARY OF THE IMPACT ASSESSMENT ON THE FUTURE OF THE EU-US TRADE RELATIONS. Accompanying the document
EUROPEAN COMMISSION Strasbourg, 12.3.2013 SWD(2013) 69 final COMMISSION STAFF WORKING DOCUMENT EXECUTIVE SUMMARY OF THE IMPACT ASSESSMENT ON THE FUTURE OF THE EU-US TRADE RELATIONS Accompanying the document
More informationPhouphet KYOPHILAVONG
WTO/ESCAP Third ARNET Capacity Building Workshop on Trade Research Analysis of the Potential Impact of the AFTA on Lao Economy - Macroeconomic Model Approach - Phouphet KYOPHILAVONG National University
More informationAMRO Annual Consultation Report
This version: Sep 25th, 2017 AMRO Annual Consultation Report Cambodia - 2017 The ASEAN+3 Macroeconomic Research Office (AMRO) December 2017 1 Acknowledgements 1. This Annual Consultation Report on Cambodia
More informationWorking Paper. Cambodia Macroeconomic Impacts of Public Consumption on Education A Computable General Equilibrium Approach
Working Paper Cambodia Macroeconomic Impacts of Public Consumption on Education A Computable General Equilibrium Approach Universite Laval EAR Sothy SIM Sokcheng KHIEV Pirom November 2016 Cambodia macroeconomic
More informationCASH TRANSFER PILOT FOCUSED ON MATERNAL AND CHILD HEALTH AND NUTRITION PROJECT
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized CASH TRANSFER PILOT FOCUSED ON MATERNAL AND CHILD HEALTH AND AUDITED FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS'
More informationNwe Nwe Win Director General Budget Department Ministry of Planning and Finance Myanmar
4 th High-Level Dialogue on Financing for Development in Asia and the Pacific Nwe Nwe Win Director General Budget Department Ministry of Planning and Finance Myanmar Bangkok, Thailand 28 th April, 2017
More informationIntroduction to PHILIPPINES
Introduction to PHILIPPINES With a population of about 100 million people, the Philippines, which comprises more than 7,000 islands, is the 12th most populous country in the world. An additional 12 million
More informationDeveloping Asia s Short-Run Economic Outlook and Main Risks
Developing Asia s Short-Run Economic Outlook and Main Risks Dr. Donghyun Park, Asian Development Bank Workshop on Bond Market Development in Emerging East Asia Raffles Hotel Le Royal Phnom Penh, Cambodia,
More informationE/ESCAP/CST(2)/INF/37
Distr.: For participants only 13 December 2010 English only Economic and Social Commission for Asia and the Pacific Committee on Statistics Second session Bangkok, 15-17 December 2010 Item 4 (b) of the
More informationSurvey of Professional Forecasters on Macroeconomic Indicators Results of the 45 th Round 1
Survey of Professional Forecasters on Macroeconomic Indicators Results of the 45 th Round 1 ----------------------------------------------------------------------------------------------------------------------
More informationShort-term Statistics in Thailand
Session 5 Short-term Statistics in Thailand International Workshop on Short-term Statistics, 18-20 May 2015, Beijing, China Economic and Social Statistics Bureau 1 Outline of Presentation Statistical System
More informationStandard Summary Project Fiche. Project PL : Improved Tax Administration
Standard Summary Project Fiche Project PL9904.03: Improved Tax Administration Sub-programme 2: Strengthen institutional and administrative capacity Location: Poland, Ministry of Finance, Tax Chambers,
More informationMacroeconomic Performance and Policies
Macroeconomic Performance and Policies 2000-08 Shankar Acharya Conference on India s Economy: Performance and Challenges February 10, 2010, New Delhi. 1 Outline I. Review of Macroeconomic Developments
More informationPRESS INFORMATION BUREAU GOVERNMENT OF INDIA PRESS NOTE ADVANCE ESTIMATES OF NATIONAL INCOME,
1 PRESS INFORMATION BUREAU GOVERNMENT OF INDIA PRESS NOTE ADVANCE ESTIMATES OF NATIONAL INCOME, 2012-13 Dated the 12 Magha, 1934 Saka 7 February, 2013 The Central Statistics Office (CSO), Ministry of Statistics
More informationTrends, challenges and Opportunities for Resource Mobilization in Myanmar for Sustainable Development
Trends, challenges and Opportunities for Resource Mobilization in Myanmar for Sustainable Development 6 12 2018 Outline Revenue and expenditure and Financing Trends Challenges for resource mobilization
More informationE-Training on GDP Rebasing
1 E-Training on GDP Rebasing October, 2018 Session 3: Rebasing national accounts (Part I) Economic Statistics and National Accounts Section ACS, ECA Content of the presentation Rebasing national accounts
More informationIndian Taxation System for Banking & SSC - GK Notes in PDF
Indian Taxation System for Banking & SSC - GK Notes in PDF Appearing for Government Exams? If yes then you must be aware that the General Knowledge Section is an integral part of all the govt. exams. If
More information- 1 - Table 1. Cambodia: Policy Framework Paper Matrix,
- 1 - Table 1. Cambodia: Framework Paper Matrix, 1. Fiscal Reform Generate additional revenue of 4 percent of GDP over four years to 2002. a. Broaden revenue base. Review mechanism for timber royalties,
More informationCompliance Challenges and Enforcement Trends
Compliance Challenges and Enforcement Trends Corporate Taxpayers Vietnam Presented by Dang Ngoc Minh General Department of Taxation Ministry of Finance, Vietnam The Fourth IMF-Japan High-Level Tax Conference
More informationMalta: Update of Convergence Programme
Malta: Update of Convergence Programme 2004-2007 Ministry of Finance November 2004 The following symbols have been used throughout this document:... to indicate that data are not available; to indicate
More informationPRESS INFORMATION BUREAU GOVERNMENT OF INDIA PRESS NOTE ADVANCE ESTIMATES OF NATIONAL INCOME,
PRESS INFORMATION BUREAU GOVERNMENT OF INDIA Dated the 12 Magha, 1933 Saka 7 February, 2012 PRESS NOTE ADVANCE ESTIMATES OF NATIONAL INCOME, 2011-12 The Central Statistics Office (CSO), Ministry of Statistics
More informationCUFA SROI Report Creating Value through Developing Capacity
Creating through Developing Capacity A review of CUFA donor funded program impacts Companion to CUFA Sustainability Report 2011 2 Contents Introduction Overall impact of our work What we do The approach
More informationLAO ECONOMIC MONITOR APRIL 2017
LAO ECONOMIC MONITOR APRIL 2017 May-June 2017 1. Recent Economic Developments and Outlook 2. Health Sector Financing in Lao PDR 1. Recent Economic Developments Contents 1. Key findings 2. Growth and inflation
More informationLecture 4: Real GDP, the First of the Big 3 Economic Activity Variables
Lecture 4: Real GDP, the First of the Big 3 Economic Activity Variables Economists focus on the outlook for material progress. To generate an opinion about overall economic activity, economists perform
More informationSwiss-Polish Cooperation Program Financial Reporting Technical Assistance Project
Swiss-Polish Cooperation Program Financial Reporting Technical Assistance Project David Cairns and John Hegarty World Bank Centre for Financial Reporting Reform Warsaw, 11 December 2009 Presentation Outline»
More informationExcise Taxation in the European Union. Emil M. Sunley Asian Tax Forum Workshop November 9-10, 2009 Bangkok
Excise Taxation in the European Union Emil M. Sunley Asian Tax Forum Workshop November 9-10, 2009 Bangkok Overview Preliminary issues The structure of excises Free trade areas and customs unions Harmonization
More informationBRICS Academy MINI GRAND TEST 9. TIME: 50 Min NO. QUESTION : 50 MARKS: 100 / Neg.M s : 1/3. released by the CSO with a time lag of:
BANGALORE HYDERABAD DATE: 01-03-2018 SUBJECT: ECONOMY LEVEL - 1 MINI GRAND TEST 9 TIME: 50 Min NO. QUESTION : 50 MARKS: 100 / Neg.M s : 1/3 1. The Quarterly and Annual GDP data is 5. Consider the following
More informationPHNOM PENH AUTONOMOUS PORT. Condensed Interim Financial Information for the quarter ended 31 December 2017 and Report of the Independent Auditors
PHNOM PENH AUTONOMOUS PORT Condensed Interim Financial Information and Report of the Independent Auditors Corporate information Company Phnom Penh Autonomous Port Registration No Co.7175 Et/2004 Registered
More informationPRESS NOTE ON ADVANCE ESTIMATES OF NATIONAL INCOME CENTRAL STATISTICS OFFICE MINISTRY OF STATISTICS & PROGRAMME IMPLEMENTATION
PRESS NOTE ON ADVANCE ESTIMATES OF NATIONAL INCOME 2010-11 CENTRAL STATISTICS OFFICE MINISTRY OF STATISTICS & PROGRAMME IMPLEMENTATION GOVERNMENT OF INDIA PRESS INFORMATION BUREAU GOVERNMENT OF INDIA Dated
More informationAsia Investor Roadshow
Asia Investor Roadshow Australia and New Zealand Banking Group Limited ANZ Royal Bank Stephen Higgins CEO, Cambodia 20 June 2008 ANZ Royal next wave developing into franchise significant Launched Sept
More informationEvidence Based Trade policy Making: Using statistical tools for policy making
NATIONAL WORKSHOP ON TRADE POLICY CHOICES: ACCESSION TO WTO AND APTA 8-10 DECEMBER 2014, Bhutan Evidence Based Trade policy Making: Using statistical tools for policy making Witada Aunkoonwattaka (PhD)
More informationInvesting in Cambodia CAMBODIA
CAMBODIA 1 CAMBODIA Capital Land area Population Official Language Religion Member of Currency GDP Major Industries Major Exports Major Imports : Phnom Penh : 69, 898 sq mi : 13, 388, 910 (2008 estimate)
More informationProgress report from Statistics Vietnam
20 th Voorburg Group meeting on Services Statistics 26 th 30 th September 2005, Helsinki, Finland Progress report from Statistics Vietnam Nguyen Thi Lien Voorburg Group Meeting, Helsinki 26-30 September
More informationINTERNATIONAL DEVELOPMENT ASSOCIATION
Public Disclosure Authorized CONFORMED COPY GRANT NUMBER H324-KH Public Disclosure Authorized Financing Agreement (Poverty Reduction and Growth Operation) Public Disclosure Authorized between KINGDOM OF
More information