Core Points - The Cambodian government announced a significant fiscal plan to issue government bonds totaling 21 trillion riels (approximately $5.2 billion) by 2026 to fund investment expenditures and maintain budget stability [1] - The Deputy Prime Minister and Minister of Finance, Aun Pornmoniroth, emphasized the need for domestic and international borrowing plans to sustain economic growth amid changing global conditions [1] - The government also plans to borrow 2.25 billion Special Drawing Rights (approximately $3.1 billion) from international financial institutions and development partners, an increase of 230 million Special Drawing Rights compared to 2025 [1] - The increase in borrowing is driven by the rising demand for public investment to stimulate economic growth and the necessity for favorable loan terms [1] - Despite the new borrowing plans, the current and medium-term public debt situation is expected to remain "sustainable" and "low-risk" [1] - The government is committed to enhancing project management and implementation efficiency while maintaining fiscal stability [1][2] Summary by Categories Fiscal Strategy - The Cambodian government aims to issue 21 trillion riels (approximately $5.2 billion) in government bonds to finance investment expenditures and ensure budget balance [1] - The fiscal management law draft reflects the government's commitment to prudent debt management and strategic investments in productive sectors to support sustainable growth [2] Borrowing Plans - The government plans to borrow 2.25 billion Special Drawing Rights (approximately $3.1 billion) from international financial institutions, marking an increase from the previous year [1] - The increase in borrowing is based on the need for public investment to stimulate economic growth and the importance of obtaining favorable loan conditions [1] Debt Management - The Cambodian government assures that the public debt situation will remain sustainable and low-risk despite the new borrowing initiatives [1] - There is a commitment to improve project management and maintain fiscal stability [1][2]