Cambodian PM says economy to grow by 7.5% this year

7 August 2014

Cambodian Prime Minister Hun Sen said Wednesday that the country's economy is forecast to grow by 7.5% in 2014, driven by steady growth in agriculture, garment export, tourism, and construction.

He said last year, the country achieved an economic growth of approximately 7.6%, while gross domestic product (GDP) increased to more than 15 billion U.S. dollars and GDP per capita increased to 1,036 U.S. dollars. The prime minister's growth projection for 2014 is higher than the forecast by the World Bank and the International Monetary Fund (IMF). In April, the two institutions put Cambodia's economic growth at 7.2% this year.

Source:

http://thecambodiaherald.com/cambodia/detail/1?page=13&token=ZGY1YmNhMTNjNTh