Result achieved
Linked projects
- GLO/19/53/EUR - Improving Synergies between Social Protection and Public Finance Management (ILO component)
- KHM/21/01/EUR - Advancing Social Protection in Cambodia
- GLO/20/20/MUL - Protecting garment sector workers: occupational safety and health and income support in response to the COVID-19 pandemic.
- KHM/19/52/UND - Supporting the National Social Protection Policy Framework in Cambodia
Outcome summary
The Royal Government of Cambodia, Council of Ministers, on 20 September 2023 approved the National Strategy on Informal Economic Development. It was officially launched on 10 October 2023. It aims to promote and strengthen formalization in Cambodia to e...Outcome achieved
The Royal Government of Cambodia, Council of Ministers, on 20 September 2023 approved the National Strategy on Informal Economic Development. It was officially launched on 10 October 2023. It aims to promote and strengthen formalization in Cambodia to ensure a free, fair, resilient and predictable environment for businesses, occupations and jobs with adequate support and protection. This will be achieved through three objectives: Promote the participation in the social security system, promote establishment of formal business and support the development of micro, small and medium enterprises and, improve the management of formal economy. The strategic framework is expected to address informality of enterprises and jobs which is a barrier for approximately 5.3 million employed Cambodians in the informal economy to access social protection.ILO's contribution to the outcome
Under ILO’s leadership with support from UNDP and financial contribution from the EU, the ILO was instrumental in pushing the issue of the informal economy and the “missing middle” into the agenda and the priorities of the RGC. The ILO supported the background research and evidence generation to build the socio-economic case for the extension of social security through formalization of enterprises and jobs. ILO also supported the socialization and dialogues with employers, workers and industries on formalization as a pathway towards extension of social security.SDG
Goals
- End poverty in all its forms everywhere
- Achieve gender equality and empower all women and girls
- Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all