Department of Multilateral Cooperation

The Department of Multilateral Cooperation performs its function as an executive body unit of the General Department of International Cooperation and Debt Management on economic and financial cooperation with multilateral development partners and various other tasks assigned by the leadership of the ministry;

The Department of Multilateral Cooperation has 2 subordinate offices as follows:

1. Office of Multilateral Cooperation 1;

The Office of Multilateral Cooperation 1 is in charge of economic and financial cooperation with the Asian Development Bank, and ASEAN Infrastructure Fund, with the detailed duties of the Office stipulated in Article 16;

2. Office of Multilateral Cooperation 2;

The Office of Multilateral Cooperation 2 is in charge of economic and financial cooperation with the World Bank Group, Asian Infrastructure Investment Bank, International Fund for Agricultural Development and other international funds for multilateral development, with the detailed duties of the Office stipulated in Article 16;

3. Office of Multilateral Cooperation 3;

The Office of Multilateral Cooperation 1, the Office of Multilateral Cooperation 2 and the Office of Multilateral Cooperation 3 of the Department of Multilateral Cooperation undertake the work of economic and financial cooperation with their respective development partners, with the following duties:

• Engage in preparation and implementation of policies and programs by obtaining cooperation financing;
• Prepare revenue–expenditure plans together with budget support fund and contribution budget expenditure;
• Engage with relevant ministries–institutions in conducting feasibility studies and preparation of project proposal for financing from development partners;
• Cooperate with relevant ministries–institutions in managing and monitoring the implementation of the externally financed projects through settlement control and procurement work for the project being subject to procedure of the development partners and/or standards operating procedures for implementing all externally financed projects;
• Regularly monitor and inspect the use of budget support fund and counterpart fund;
• Manage development partners/ budget support fund/counterpart fund financed projects’ accounts;
• Prepare and negotiate all State’s Agreements with development partners in connection with the receipts and provisions of financial grant, borrowing, lending as well as other financial obligations;
• Settle contribution [fees] for Cambodian membership in the United Nations and other international organizations and settle shares of investment in international financial institutions;
• Engage in the process of preparation of public investment program, draft of annual financial law, adjustment law and budget settlement laws;
• Control, from time to time, the procedures for management and implementation of projects financed by development partners such as common procedures for management of administration, finance and project procurement as well as other applicable procedures;
• Make a registry of financial transactions of financing project by the development partners as well as budget support funds and counterpart fund;
• Prepare relevant reports;

Reference: Prakas No. 666 MEF.P dated 08 June 2016 on the Organization and Functioning of departments and units under the supervision of the General Department of International Cooperation and Debt Management of the Ministry of Economy and Finance