Under Deputy Prime Minister, Aun Pornmoniroth, Cambodia has launched its Financial Technology (Fintech) Development Policy 2023-2028, aiming to promote financial inclusion, stability, and innovation. Pornmoniroth emphasized the rapid rise of Fintech in Cambodia and its importance in fostering socioeconomic growth. Local firms and investors can now connect to regional and global production chains, supporting innovation in the production of goods and services.This development policy serves as a road map for promoting the use of financial technology and harnessing the full potential of Fintech to boost digital economic and social development in Cambodia. It also lays the groundwork for Cambodia to leverage digital innovations to advance financial inclusion and create a conducive environment for continued Fintech growth.

References: Financial Technology takes center stage in Cambodia’s economic growth plan. (2023, October 5). Khmer Times. Retrieved From:https://www.khmertimeskh.com/501371701/financial-technology-takes-center-stage-in-cambodias-economic-growth-plan/