Thursday, May 7, 2015

Cambodia expects growth to stabilise at around 7% this year


7 May 2015

Cambodia expects economic growth rate to remain stable at around 7% this year. In a statement to the annual meeting of the Asian Development Bank in the Azerbaijani capital of Baku, he pointed to increased productivity and yields in agriculture and continued growth in the tourism, construction, garment and light manufacturing sectors. "Macroeconomic stability continues to be maintained with inflation being at 3.5 percent this year due to sustained lower oil prices, reduced food prices and stable dollar/riel exchange rate,"

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