Rectangular Strategy for Growth, Employment, Equity and Efficiency, Phase IV, 2018 (Cambodia)

The Rectangular Strategy for Growth, Employment, Equity and Efficiency, Phase IV forms part of the comprehensive policy framework for formulating the National Strategic Development Plan, 2019-2023. In particular, the Rectangular Strategy - IV is a blueprint to guide the activities of development stakeholders in the medium and long-term in a sustainable manner by promoting efficiency and effectiveness of the public institutions and management of the resources. The Rectangular Strategy - IV has Four Strategic Goals namely (i) ensuring sustainable economic growth of around 7% per annum which is resilient to crises,  (ii) creating more jobs, in terms of both quality and quantity aspects, for the citizens of Cambodia, especially for the youth, (iii) achieving the poverty reduction target of below 10% and preventing the return of poverty, (iv) further strengthening the capacity and governance of public institutions, at both national and sub-national levels. The Four Priority Areas, as with the past Legislatures, are Road, Water, Electricity and People, with top priority being given to People.