In its development towards upper-middle-income status, Cambodia will necessarily reduce its foreign aid dependence and seek to enhance its sovereign fiscal system. In chapter three, CHEAN Sithykun provides an across-the-board overview of the fiscal policy priorities that will support the development of this system. Acknowledging the opportunities presented by new technology, this chapter champions the implementation of a SMART taxation system that will manage efficient revenue capture and encourage a flourishing business and investment environment. With an eye firmly on resilience to economic shocks and the changing Cambodian employment landscape, fiscal policy recommendations are considered through a decidedly Cambodian lens.