- - - to provide financial knowledge to women in community, or schools ( primary and secondary schools ), and enhance their entrepreneurship. similarly, in 2021, the ministry of women ’ s affairs and the nbc conducted “ women entrepreneurs talk program ” to promote financial inclusion and enhance digital financial literacy to women, woman enterprises, and woman university students. under the “ catalyzing women ’ s entrepreneurship project ”, the nbc has been closely cooperating with unescap to initiate training and seminar for women and woman enterprises to enhance their financial management knowledge and increase their financial accessibilities and usage. the nbc has also been cooperating with good return to establish “ let ’ s talk money ” campaign, which was launched in 2016. so far, the nbc and good return had successfully achieved phase 1 of the campaign which consists of 6 educational videos, a comic book, a mobile application called nbc - edu, as well as the creation of “ let ’ s talk money ” facebook page and website. in addition, let ’ s talk money phase 2 “ little by little ” has also seen the delivery of 4 financial literacy videos, which has since reached hundreds of thousands of people through social media platform. the nbc and good return also conducted a training, targeted at representatives from cambodia women entrepreneurs association ( cwea ) and cambodian women for peace and development ( cwpd ), which helps the women deliver face - to - face training to women entrepreneurs and garment workers respectively. last but not least, the nbc also has been working closely with the association of banks in cambodia ( abc ) and cambodian microfinance association ( cma ) to initiate various activities and campaigns to increase financial literacy for the public, especially for women. although financial inclusion is a journey, i believe that we have done quite a lot so far to help equip women and women entrepreneurs with foundational financial knowledge needed for their daily lives as well as businesses. distinguished guests, ladies and gentlemen! i believe that the potential of young women and women entrepreneurs shall not only be limited by social and cultural barriers or the environment they live. on the contrary, they should have equal opportunities to release their full potential in every endeavor. to this end, immediate supportive measures shall be addressed to strengthen their skills, business linkages. for that, participation from all relevant stakeholders is needed. this is why we - act project is such a powerful example of how one can make a lot of impact in this space. i believe that the achievements to be presented

chea chanto : opening remarks at the bis advanced reserve management workshop opening remarks by h. e. chea chanto, governor of the national bank of cambodia, at the advanced reserve management workshop, siem reap, 21 april 2009. * * * - mr. eli remolona, chief representative, bis asian office, - mrs. miranda tam, deputy chief representative, bis asian office, - mr. jean - pierre matt, head of financial analysis of bis head office, - distinguished guests, ladies and gentlemen, good morning! today, i have the great pleasure and honor to be invited to deliver some opening remarks for the bis workshop on advanced reserve management. this is the first time that the bis organize such a workshop in cambodia and i hope there will be more opportunities to join together in the future. taking this opportunity, i would like to express my warmest welcome to the bis resource speakers from bis head office and bis asian office and central bank participants from the asia and pacific region to this workshop as well as to cambodia. i sincerely appreciate the bis for their selection of the ancient capital city of angkor in siem reap province as the site for this workshop. distinguished guests, ladies and gentlemen, let me share with you a brief outline of cambodia ’ s economic development in recent years. cambodia is considered a small open economy, one which realized average gdp growth of about 10 % from 2005 to 2008 and gradually increased the level of international reserves to a level which can ensure 3. 8 months of imports. the financial system in cambodia, which is dominated by the banking sector, is considered strong. this is reflected in figures from the end of 2007 which show that total banking assets increased by 53. 6 %, bank deposits rose by 59. 4 %, and loans to the private sector went up by 52 %. however, with the global financial crisis that has affected most of the continents, cambodia ’ s total banking assets declined a bit in the last quarter of 2008 and the economy is expected to have very little growth in 2009. the national bank of cambodia still manages its reserves in a conservative manner, with principle strategies prioritized by : first, safety ; second, liquidity ; and third, returns. this conservative strategy is appropriate in light of the current financial turmoil. but with gradual increases of reserves, one ’ s portfolio should be well diversified and reserve managers should have a solid risk management and analytical skills. therefore, capacity building needs to be continuously strengthened.