Phnom Penh (FN), Mar. 20 – Cambodian prime minister Hun Sen shared eight key recommendations in order to successfully implement the Public Financial Management Reform Program (PFMRP) Phase IV (2023-2027).
The premier spoke at the implementation of the PFMRP Phase 4 (2023-2027), held on Monday (Mar 20) at Sokha Phnom Penh Hotel.
The key recommendations are as follows:
1. Increase the ownership and participation of the ministries and institutions in the implementation fo the reform in accordance with the common principles of Royal Government. Reforms must begin with the strengthening of leadership and management structure.
2. Pay high attention to comprehensive preparation to ensure the performance information, in accordance with the goals set by the "Budget System Reform Strategy” of the Royal Government. The reform of the national budget system is at the core of the reform of public financial management. The budget is a key tool for the government of each country to use to meet the needs of national development through resource mobilization. Sustainable national development and the allocation of those resources serve effective development.
3. Strengthen the coordination mechanism, consistency and coordination between the main reform programs of the Royal Government, and enhance good governance.
4. Promote the growth of the digital sector in line with the Cambodian Digital Economic and Social Policy Framework 2021-2035, consistent with the public financial management reform program as well as with other reform programs of the Royal Government.
5. Adhere to five principles of "mirroring, bathing, scrubbing, treatment and surgery" as a matter of principle for the civil servants and leaders in ministries and institutions at all levels in performing their functions and duties.
6. Strengthen leadership in both public and private organizations.
7. Adhere to the principle of "quality, ability and meritocracy" as a special work culture in human resource management. This principle must be implemented not only within the framework of the public financial management reform program, but it must become a priority principle of the Royal Government for strengthening governance and institutional capacity at all levels.
8. Strengthen the "Monitoring and Evaluation" mechanism at all levels and comprehensively at both the national and sub-national levels as a tool to identify strengths, weaknesses, challenges and opportunities for the implementation of all work action plans. In addition, this mechanism is also an important way to contribute to strengthening "performance accountability".