Cambodia targets nearly $8 billion in 2027 revenue
The revenue target is up 6.7%, and the draft says no new tax types or higher tax rates are planned.
Friday 6 November · 06:02 · 1 min read
In 30 seconds
- The draft targets national revenue of 32.327 trillion riels, or nearly $8 billion, in 2027. [1]
- The target is 6.7% higher than the 2026 budget law, with customs and tax revenue making up most of the planned amount. [1]
- The government said it would not introduce new types of tax or raise tax rates in 2027. [1]
What happened
Cambodia’s draft 2027 budget sets a national revenue target of 32.327 trillion riels, equivalent to nearly $8 billion, up 6.7% from the 2026 budget law. The plan expects 27.027 trillion riels from taxes, including customs duties and taxes collected by the tax administration. It also projects non-tax revenue, including income from state assets and other sources. The report says the government does not plan to create new types of tax or increase tax rates in 2027.
Why it matters
The revenue target is the money the government expects to collect to help fund public spending. The report says no new tax types or higher rates are planned, but it does not describe how revenue collection may affect individual households.
Background
The draft also projects total government spending of 39.7 trillion riels, or nearly $10 billion. It estimates subnational revenue at 2.819 trillion riels, separate from the national revenue target.
Key terms
- Tax revenue
- Government income collected through taxes and customs duties.
- Non-tax revenue
- Government income from sources other than taxes, such as state assets or fees.
Sources (1)
[1] Fresh News រាជរដ្ឋាភិបាលដាក់គោលដៅប្រមូលចំណូលឱ្យបានប្រមាណជិត ៨ពាន់លានដុល្លារ នៅឆ្នាំ២០២៧, គយ និងពន្ធដារ ត្រូវរកចំណូលឱ្យបានប្រមាណជិត ៧ ពាន់លានដុល្លារ 5 Nov Read originalWas this explainer clear?
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