Cabinet of Hun Manet
The 7th Council of Ministers was formed on 22 August 2023. It is led by Prime Minister Hun Manet, making it the first government in 38 years to not be led by Hun Sen, Manet's father, following his resignation. In addition, veteran politicians including Sar Kheng, Tea Banh and Men Sam An also relinquished their positions.
Formation
On 26 July, Hun Sen announced on live television his resignation from the position of Prime Minister in a special message to the nation in favor of his son Hun Manet. On 7 August, King Norodom Sihamoni made the appointment in a royal decree signed, and Manet was named Prime Minister of Cambodia. The King also made another signed royal decree appointing Manet to organize the Council of Ministers for the Royal Government of the seventh mandate. The King made the appointment in a royal decree signed. According to the royal decree, the newly chosen prime minister is responsible for submitting the composition of the Cambodian government for a vote of confidence from the National Assembly, effective immediately. The 7th National Assembly held its first session on 21 August, nearly a month after its election on 23 July. The occasion will be presided over by the King, according to an announcement made by the National Assembly on August 11. The ceremony is being attended by senior officials, foreign embassies in Cambodia, and representatives from many non-governmental organizations. Following the opening ceremony, the first session will begin, presided over by Heng Samrin, to approve each NA member's mandate and the NA's internal regulations for the 7th mandate. On 22 August, the National Assembly will have a vote of confidence in the new government and continue the first session to elect a president, vice presidents, and leaders of the National Assembly's commissions.Term
Drugs
The cabinet shows consistent opposition towards the legalization and cultivation of marijuana in Cambodia. The Royal Government of Cambodia has turned down numerous requests from investors stating their plans to cultivate marijuana in the country under the guise of providing supplies to the medical field, such as rejecting Malaysian investors' request to grow marijuana in Kampong Speu. Despite the Royal Government of Cambodia's prohibition on marijuana production, some criminals have managed to grow the drug and have faced harsh punishment from law enforcement.The cabinet supports a full crackdown in drug use, which can be seen in the government's strategy released on Thursday for the anti-drug campaigns in 2024. The government said that in order to maintain social safety, public order, and security, as well as to promote the development of youth resources and cultivate a more welcoming society, it will implement the drug war plan year-round. Neth Savoeun cited the increase in drug use among young people has given rise to grave worries about public safety, health, and order. These are important concerns that affect both the community and society as a whole.
Economic
According to a November 2023 World Bank projection, insufficient logistics and transport capabilities as well as an unstable energy supply will continue to drive up costs for consumers and enterprises in Cambodia. The world's declining demand as well as shocks to the prices of food and oil will make these problems much more severe.The Cambodian government is putting market expansion and diplomatic diversification of business ties first. Hun Manet's administration has engaged in unprecedented amounts of diplomacy with both new and old partners in the six months since assuming office. In addition to dispelling the myth that Cambodia is a Chinese client state, these initiatives are vital to diversify markets and promote export value and investment growth. Hun Manet has stated economic diversification, competitiveness enhancement, private sector development and employment, digital economy, social development, resilient and sustainable development and employment are the biggest economic priorities for this cabinet.Hun Manet announced the official launch of the Pentagonal Strategy–Phase I and the key measures for the Royal Government of Cambodia to be implemented in the next five years to transform Cambodia into a high-income economy by 2050. Referred to as a "forward-looking strategy for the next 25 years," Hun Manet stated that the Pentagonal Strategy will be implemented in five phases, each of which will be modified in accordance with the local, regional, and international circumstances. The strategy will be set out and carried out in accordance with the RGC's political platform for each legislation. In order to accelerate national development and reach the milestone of becoming an upper-middle-income country by 2030, as well as to advance towards the goal of becoming a high-income country by 2050—the Cambodia Vision 2050—the Pentagonal Strategy—Phase I will be implemented. Five strategic goals are outlined in the Pentagonal Strategy-Phase I. These goals include maintaining the GDP growth rate at a crisis-resilient average of roughly 7%, increasing the number of high-quality jobs, particularly for young people, achieving the goal of reducing poverty to below 10% of the population, enhancing governance capabilities, and ensuring climate change-resilient sustainable socioeconomic development. However, the Cambodian government projects 6.6% GDP growth in 2024 despite GDP predictions for 2023 falling short of expectations. In April 2023, the World Bank projected 5.4% growth, down from 5.8% growth, while the Asian Development Bank and the International Monetary Fund reduced their predictions for 2023 economic growth to 5.3% growth, down from 5.5% growth in May 2023. In addition to the nation's fundamental problems, poor productivity and competitiveness, a lack of economic diversification, and reliance on a restricted number of foreign markets, the minor adjustments were made in reaction to global geopolitical tensions and a global economic recession. The apparel industry does not support these kinds of changes. Although the industry is currently on life support, Cambodia's economic vulnerability will only increase if it continues to rely on this industry. Garment manufacturing, which is mostly a cut, manufacture, and trim business using low-skilled labour, depends on the import of raw materials from other Asian nations, mainly China. It exports to the main economies, where under the EU's Everything But Arms programme, Cambodian goods have increasingly shaky preferential protection, and after being severely damaged by the COVID-19 pandemic, tourism is expected to recover and contribute to GDP as foreign arrivals—especially those from China start to rise. With 4.4 million foreign visitors arriving in the first ten months of 2023, Cambodia is seeing a rise in tourism from abroad. However, because the majority of travellers are low-spending tourists from nearby nations, the growing numbers have not produced the anticipated revenue. It is long past time for this industry to undergo a transformation, as agriculture directly supports about 70% of Cambodian households. In order to effectively serve Cambodia's export markets, the new strategic objectives support agribusiness. The shift to "smart farming" promotes high-value and locally processed Cambodian commodities rather than large-scale cash crops. Additionally, loans for agribusiness have been made available, and they are going to "economic poles" across the country. Due to all this economic problems, many economists believe that the face of global economic headwinds and structural economic challenges, will make it uncertain whether the Pentagonal Strategy will ever be realised.