Cambodia Settles Nearly US$200m Debt by Q1 2024, Total Public Debt Exceeds US$11bn

• 18 July 2024
• Local News
• 664 Views

By the end of the first quarter of 2024, Cambodia had paid off nearly US$200 million in debt, with the total public debt reaching US$11.09 billion, according to the Cambodian Public Debt Statistics Bulletin No. 22.

The total public debt includes US$11 billion in foreign public debt and US$98 million in domestic public debt. In the first quarter of 2024, Cambodia settled US$181.55 million in total debt payments, with approximately US$181 million going towards foreign public debt and US$0.55 million towards domestic public debt.

Additionally, during the first quarter of 2024, the Royal Government of Cambodia signed new concessional loan agreements with development partners amounting to US$140.14 million, equivalent to 105.25 million SDRs, which is about 6% of the legal ceiling of 1,700 million SDRs. (Read more)

In the issuance of state securities for the first quarter of this year, Cambodia issued a total of 182 billion riels, equivalent to about US$45.04 million. This amount represents approximately 41% of the total volume allowed by law (440 billion riels) to finance investment projects aimed at promoting economic growth and productivity.

• Economy and Finance
• Investment and Funding