Background
The National Assembly’s second committee functions as the parliamentary body tasked with legislative review in areas covering economic policy, public finance, banking, and audit. The committee convened a session on 26 June 2026 to gather inputs and plan the legislative timetable for forthcoming budget and finance bills.
The committee held a preparatory, inter-institutional meeting with representatives from the Ministry of Economy and Finance and the National Audit Authority to examine draft instruments related to the state general budget for fiscal management 2025 and the public finance framework for fiscal management 2027. Members agreed to organise a seminar to build a policy framework on macroeconomic and public finance issues that will inform the draft public finance law for 2027.
Scope of Application
This preparatory process covers parliamentary scrutiny and scheduling for two principal legislative instruments: the draft law on the state general budget for fiscal management 2025 and the draft law concerning public finance for fiscal management 2027. The committee’s work focuses on gathering technical inputs, defining a review timetable, and coordinating inter-agency examination ahead of formal parliamentary debate and approval.
Key Provisions or Decisions
During the session the committee identified three core procedural items for immediate implementation: (1) compiling substantive inputs from members and technical officers, (2) organising a seminar on macroeconomic and public finance policy to inform drafting, and (3) scheduling a joint review with specialist parliamentary committees and the National Audit Authority alongside the Ministry of Economy and Finance. The meeting record notes active participation by the committee chair, deputy chair, secretary, committee members, and relevant technical staff.
Implications for Investors, Businesses, or Compliance
Advancing the parliamentary timetable for the draft budget and public finance laws establishes a clearer legislative pathway for fiscal governance matters that affect public revenue and expenditure frameworks. Businesses and compliance officers can use the committee’s published timetable and seminar outcomes as a reference for the expected timeline of legislative changes to public finance rules.
Official Source
National Assembly post: https://www.facebook.com/CambodiaAssembly/posts/pfbid02SLtJGXkrySRRZM6v2jEmdFR4kypQDgCnB1XStpnE4knBRRQvaChXn6to4oKT9RgTl
