(Phnom Penh): Cambodia and the Asian Development Bank (ADB) signed a USD 250 million concessional loan agreement for the Rapid Intervention for Stabilisation of the Economy (RISE) Program to support the government's response to ongoing economic challenges.

Signed at the Ministry of Economy and Finance, the agreement falls under ADB's Countercyclical Support Facility (CSF) and backs Cambodia's Comprehensive Intervention Program for multi-crisis response.

In Cambodia, the RISE Program will fund temporary, targeted fiscal measures and protect planned social spending in the 2026 national budget. It will also promote clean energy technologies. More than 1 million poor households registered under the government’s IDPoor program will receive income support, including at least 350,000 households headed by women. Assistance will also include debt relief and support for agricultural inputs in rural areas.

Cambodia is the first ADB member to receive financing under the CSF. The loan was approved by ADB's Board on 30 July 2026 and signed on 31 July.
=FRESH NEWS