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Hun Sen: Cambodia is economically strong, denies financial issues.

Hun Sen: Cambodia is economically strong, denies financial issues.

MGR Online•International•11d ago

Reader Briefing

Hun Sen asserts Cambodia's robust financial standing, refuting rumors of fiscal distress.

  • •Hun Sen, President of the Senate and acting Head of State, addressed rumors of Cambodia facing financial difficulties.
  • •He highlighted that tax revenue for the first five months of 2026 had already exceeded the annual target by 53%.
  • •Hun Sen stated that Cambodia's strong fiscal position is evidenced by billions of dollars in tax collection, not millions.
  • •The issuance of commemorative banknotes was clarified as a celebration of special occasions, not a response to financial pressure.

Overview

  • •On Tuesday, June 2, Hun Sen, President of the Senate and acting Head of State, addressed the nation's financial status.
  • •Hun Sen denied claims that Cambodia is experiencing financial difficulties, stating Cambodia is not running out of money.
  • •Tax revenue for the first five months of 2026 exceeded the annual target by 53%, reaching over 2 billion USD from taxes alone.
  • •Total collection of customs duties and other taxes exceeded 3.5 billion USD.
  • •The statements by Hun Sen came amidst discussions about Cambodia's economic and public financial performance.
  • •Hun Sen visited the new headquarters of the General Department of Taxation of Cambodia in Phnom Penh.
  • •Rumors circulated linking the issuance of commemorative banknotes to allegations of financial problems.
  • •Hun Sen emphasized that Cambodia is now discussing revenue in billions of dollars, not tens or hundreds of millions.

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Key Quotes

Hun Sen
""Some people see Cambodia printing banknotes for various special occasions and immediately claim the country is running out of money," Hun Sen said. "Cambodia is not running out of money.""
"บางคนเห็นกัมพูชาพิมพ์ธนบัตรเพื่อการเฉลิมฉลองในโอกาสพิเศษต่างๆ ก็อ้างในทันทีว่าประเทศกำลังหมดเงิน" ฮุน เซน กล่าว "กัมพูชาไม่ได้กำลังหมดเงิน"
Hun Sen
""Currently, Cambodia is no longer talking about tens or hundreds of millions anymore, but we are talking about billions.""
"ปัจจุบันกัมพูชาไม่ได้พูดถึงจำนวนหลักสิบหรือหลักร้อยล้านอีกต่อไปแล้ว แต่เรากำลังพูดถึงหลักหลายพันล้าน"

Key Entities

Person

Hun Sen(ฮุน เซน)ℹ️
President of the Senate and acting Head of State of Cambodia, former Prime Minister.

Place

Cambodia(กัมพูชา)ℹ️
The country whose financial status is discussed in the article.
Phnom Penh(กรุงพนมเปญ)ℹ️
The capital city where Hun Sen visited the new headquarters of the General Department of Taxation.

Organization

General Department of Taxation of Cambodia(กรมสรรพากรของกัมพูชา)
The government body whose new headquarters were visited by Hun Sen.