Phnom Penh:Cambodia's 2027 draft national budget, approved by the Council of Ministers, aims to support economic growth and maintain national stability amidst global uncertainties. The budget focuses on protecting national sovereignty and the livelihoods of its citizens while ensuring sustainable public finances.

According to Agence Kampuchea Presse, the total expenditure under the 2027 national budget is set at KHR 39,700 billion, which is 16.57 percent of the gross domestic product (GDP). This marks an increase of 3.2 percent compared to the 2026 Financial Management Law. Expenditure for sub-national administrations is projected at KHR 5,068 billion, accounting for 11.9 percent of total state budget expenditure, or 2.12 percent of GDP.

The Royal Government expects total national budget revenue to reach KHR 32,327 billion, equating to 13.49 percent of GDP, representing a 6.7 percent increase compared to the 2026 Financial Management Law. Revenue for sub-national administrations is estimated at KHR 2,819 billion, accounting for 8 percent of total state budget revenue, or 1.18 percent of GDP.

The budget is structured to foster economic growth through the industry, services, and agriculture sectors. Growth in the industrial sector will be bolstered by garment and non-garment manufacturing, along with food, beverage, and tobacco production. The services sector is set to expand due to developments in hospitality, food services, trade, transport, storage, and telecommunications. The agricultural sector will receive support from crop production, livestock farming, and fisheries.

Cambodia's economy is projected to grow by 4.0 percent in 2026 and accelerate to 4.8 percent in 2027, with GDP per capita expected to rise to US$3,277 in 2027 from approximately US$3,098 in 2026. The national budget reflects efforts to maintain macroeconomic stability and economic growth, ensuring fiscal sustainability in an uncertain global environment.