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Consultative Meeting on
Draft Sub Decree on
The Establishment and Functioning of
Sub-National Investment Fund
29 April 2015
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Content
1.
Background
2.
What is SNIF?
3.
1. Background
The Royal Government of Cambodia is implementing
National Program for Sub-national Democratic
Development
(NPSDD).
And,
the
three-year
Implementation plan phase two (IP3-2) has set
establishment of sub-national investment facility as
reform target. In this regard, Ministry of Economy and
Finance, together with NCDD-S, and other relevant
stakeholders have prepared draft sub-decree on the
new financing mechanism in order to promote more
socio-economic development at the sub-national
level by financing high quality and strategic public
investments by Sub-National Administrations.
2. What is SNIF?
Main Operation in SNIF
Source of Fund
SNIF Management
Beneficiaries
SNIF
Govt
Management
mechanism
DPs
Capacity
Building
Capital/Provinces
Investment
Budget
D/M
C/S
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The scope of the sub-decree is to cover the management of SubNational Investment Fund of Capital, Provincial, Municipality, District,
Khan and Commune and Sangkat Administrations.
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SNIF Secretariat:
The SNIF Secretariat is accountable to SNIF Board
with regard to establishment and functioning of the
Secretariat.
The SNIF Secretariat shall consist of three units, as
follows:
The Finance & Administration Unit
The Operations, Outreach and Communications
Unit
The Legal Affairs, Policy and Monitoring Unit
Internal auditor
The role and duties of each unit shall be determined
by decision of SNIF Board.
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Thank You
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