Government public expenditure reduction is one of the many challenges that Cambodian Higher Education System is facing. Explosive growth in enrollment, difficulties to recruit and retain highly qualified staff and obsolete facilities also contribute to affect the quality of the education and therefore the increasing of graduate unemployment or under-employment.
BALANCE consortium identified the improvement of the HEIs Financial Management as the key point to target in order to face the above mentioned challenges and satisfy the government demands. Indeed, Financial Management is the cornerstone of institutional management and quality education.
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