00:04 Between 2009 and 2019,
00:07 Cambodia experienced a decade of growth,
00:10 poverty reduction,
00:11 and shared prosperity.
00:13 Cambodia's rapid economic growth from 2009 to 2019,
00:17 combined with structural change,
00:19 grew workers' earnings and reduced poverty.
00:22 That growth boosted income and standard of living broadly.
00:26 Poverty rates almost halved between 2000.
00:29 9 and 2019 to 2020 from 33.8% to 17.8%.
00:35 Almost 2 million Cambodians escaped poverty,
00:39 many of whom lived in rural areas.
00:41 Rising non-farm earnings contributed most to poverty reduction.
00:46 Cambodia's economic growth success was built on a few export-oriented sectors,
00:51 including tourism,
00:52 agriculture.
00:53 Garments,
00:54 and more recently a booming construction sector.
00:57 This growth supported structural transformation
01:00 toward more productive sectors,
01:02 creating better paying manufacturing and services jobs.
01:05 Workers were able to move out of low paying agriculture
01:09 into these better paying sectors and boost their earnings.
01:12 Living conditions and access to basic services also improved.
01:17 Households.
01:17 With access to electricity more than tripled from 26% in 2009 to 86% in 2019 to 2020.
01:27 Access to improved water almost doubled from 44% in 2009 to 74% in 2019-2020,
01:35 and access to improved sanitation more than doubled from 35%
01:40 to 83%.
01:42 Maternal and child health improved substantially as comprehensive health
01:46 services scaled up along with pro-poor social assistance.
01:50 In 2019-2020,
01:53 almost 9 in 10 primary school aged boys and girls were enrolled,
01:57 making young Cambodians more educated and literate than their parents.
02:02 Living conditions and access to basic
02:04 services improved most for rural households,
02:07 helping Cambodia.
02:08 To narrow urban rural gaps.
02:11 However,
02:11 there are low income and rural households still lagging
02:14 in access to basic services and earning opportunities.
02:18 Rural areas such as Tonle Sap,
02:20 plateaus,
02:21 and mountains continue to have high rates of poverty.
02:25 Northern provinces remain among the poorest,
02:27 while large numbers of poor people are
02:29 concentrated in the southeast and northwest provinces.
02:33 Many Cambodians were in a Precarious economic position before the pandemic
02:38 and vulnerable to falling back into poverty when exposed to shocks.
02:42 In 2020,
02:43 the COVID-19 pandemic hit Cambodia hard.
02:47 Cambodia's economy contracted 3.1%,
02:50 the sharpest decline in Cambodia's recent history and
02:53 among the most pronounced in East Asia.
02:56 The pandemic reversed about two years of poverty reduction
02:59 in 2020,
03:01 increasing.
03:01 The poverty rate by 2.8% points and
03:05 pushing around 460,000 individuals into poverty.
03:10 Low skilled workers and low income households were most affected by declines
03:14 in household income due to employment loss and reduced hours and wages.
03:18 To support the efforts of Cambodia to have a more inclusive and resilient recovery,
03:23 the Cambodia Poverty Assessment of 2022 has suggested some policy.
03:28 Actions.
03:28 This includes leveraging cash transfers to protect poor and vulnerable
03:33 households and support their longer term recovery and resilience,
03:37 strengthening Cambodia's post-pandemic social protection system,
03:41 investing in people through health and education,
03:44 diversifying Cambodia's growth model,
03:47 and strengthening the redistributive effect of fiscal policy
03:51 and financing poverty reduction strategies sustainably.
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