Multilateral development assistance

International Monetary Fund (IMF)

Cambodia confident as potential investment destination

Cambodia has proven itself as a potential investment destination with positive growth trends, development, and reform, according to a recent report by the Royal Government of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501413722/cambodia-confident-as-potential-investment-destination/

IMF lowers growth forecast for Cambodia due to weak external demand

On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...

Khmer Times Staff
https://www.khmertimeskh.com/501378855/imf-lowers-growth-forecast-for-cambodia-due-to-weak-external-demand/

IMF sees Cambodia as ASEAN’s fastest growing economy in 2023 and 2024

Cambodia’s economy is projected to expand 5.6 percent this year and 6.1 percent next year, up from 5.2 percent last year, the International Monetary Fund (IMF) said Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374620/imf-sees-cambodia-as-aseans-fastest-growing-economy-in-2023-and-2024/

IMF urge cooperation for recovery

International Monetary Fund (IMF) managing director Kristalina Georgieva urged ASEAN leaders to invest in international cooperation as well as growth-enhancing reforms to fully recover and continue on the pre-pandemic path to prosperity amid a global economic slowdown. ...

May Kunmakara
https://phnompenhpost.com/business/imf-urge-cooperation-recovery

Cambodia asks IMF to review public debt mechanisms

The Minister of Economy and Finance (MEF) has requested the International Monetary Fund (IMF) to review the frameworks and mechanisms of sustainable public debt management in Cambodia, said an MEF official. ...

Kang Sothear
https://www.khmertimeskh.com/501344188/cambodia-asks-imf-to-review-public-debt-mechanisms/

$240M IMF allocation on way to Kingdom

Cambodia will receive about $240 million out of the International Monetary Fund’s (IMF) largest-ever distribution of Special Drawing Rights (SDR), equivalent to some $650 billion, which came into effect on August 23. ...

May Kunmakara
https://www.phnompenhpost.com/business/240m-imf-allocation-way-kingdom

IMF approves $240M grant for pandemic recovery fund

The International Monetary Fund (IMF) has approved a $240 million grant to Cambodia to rehabilitate its economy and recover from the affects of the Covid-19 pandemic. ...

Ry Sochan
https://www.phnompenhpost.com/national/imf-approves-240m-grant-pandemic-recovery-fund

IMF highlights divergent global recovery levels

THE International Monetary Fund’s (IMF) World Economic Outlook prediction that the globe will recover at vastly uneven levels has been brought into sharp focus in light of recent lockdowns in Cambodia. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50842469/imf-highlights-divergent-global-recovery-levels/

IMF’s Georgieva: Cambodian economy to grow 4.2% in 2021

International Monetary Fund (IMF) managing director Kristalina Georgieva on April 7 said the Cambodian economy is expected to grow 4.2 percent this year, following a 3.5 percent contraction in 2020, but cautioned that local governments around the world should proceed with prudential policies and proactive ...

May Kunmakara
https://www.phnompenhpost.com/business/imfs-georgieva-cambodian-economy-grow-42-2021

IMF urges closer cooperation between statistics agencies in Cambodia

The International Monetary Fund (IMF) says closer cooperation between statistics-producing agencies in Cambodia is “essential” to improve the quality of macroeconomic statistics. ...

Sao Da/AKP
https://www.khmertimeskh.com/50778524/imf-urges-closer-cooperation-between-statistics-agencies-in-cambodia/

IMF: Gov’t needs to address long-lasting employment

Economic data released this week by the International Monetary Foundation (IMF) shows that the long-lasting effects of five previous pandemics and their economic shocks have much worse effects on the employment prospects for workers with low levels of educational attainment.​​ ...

Harrison White
https://www.khmertimeskh.com/50722552/imf-govt-needs-to-address-long-lasting-employment/

IMF sees Cambodia registering a combined GDP growth of one percent this year and to expand to 8.5 percent in 2021

The International  Monetary Fund (IMF)said that the outlook for some Asia Pacific countries were much brighter, including Cambodia which is forecasted to have a nominal combined GDP projected growth of  1.0 percent this year before surging 8.5 percent next year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50714379/imf-sees-cambodia-registering-a-combined-gdp-growth-of-one-percent-this-year-and-to-expand-to-8-5-percent-in-2021/

Government pledges $2billion fund for economy

The government has announced they have prepared an emergency reserve fund of between $800million and $2billion to aid the Kingdom’s economic recovery in the wake of the COVID-19 outbreak. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50700267/government-pledges-2billion-fund-for-economy

IMF: Cambodia’s economic growth to be highest in Asean

Cambodia’s economic growth is projected to be highest in the Asean region despite facing several challenges, the International Monetary Fund (IMF) said. In its latest Regional Economy Outlook published on Tuesday, the IMF predicts that the Kingdom’s economic growth will remain strong at seven per ...

Sorn Sarath
https://www.phnompenhpost.com/business/imf-cambodias-economic-growth-be-highest-asean

IMF mission projects positive economic outlook with possible downside risks

An International Monetary Fund (IMF) team led by Jarkko Turunen, deputy division chief of the Asia Pacific Department (APD) visited Phnom Penh to conduct discussions under what is known as the Article IV consultation.​ Under the Article IV consultation, IMF staff undertakes annual surveillance and analysis ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50651166/imf-mission-projects-positive-economic-outlook-with-possible-downside-risks/

NBC releases Financial Stability Review to the public for the first time

The National Bank of Cambodia (NBC) released its Financial Stability Review for the first time on Wednesday, outlining the work needed to monitor economic security and develop macro-prudential measures to cope with systemic risks. The Financial Stability Review has been produced by NBC since 2001 ...

Hor Kimsay
https://www.phnompenhpost.com/business/nbc-releases-financial-stability-review-public-first-time

IMF: Economic outlook robust

Cambodia’s economic outlook remains robust in the near-term despite the country set to face bigger external risks and potentially lose trade privileges to its main markets, an International Monetary Fund (IMF) team has told the finance minister. An IMF team visited Phnom Penh earlier this ...

Hor Kimsay
https://www.phnompenhpost.com/business/imf-economic-outlook-robust

Kingdom’s development discussed

The National Bank of Cambodia (NBC) and the International Monetary Fund on Thursday held a conference to discuss the next steps in Cambodia’s economic development. ...

Hor Kimsay
https://www.phnompenhpost.com/business/kingdoms-development-discussed

NBC projects real economic growth at 7 pct this year

The National Bank of Cambodia (NBC) said in its mid-year report the country’s real economic growth will average seven percent this year, with strong contribution from the agricultural, industrial and services sectors. ...

Sok Chan
https://www.khmertimeskh.com/50511987/nbc-projects-real-economic-growth-at-7-pct-this-year/

WB puts GDP growth at 6.9 percent

The economy will grow at a rate of 6.9 percent in 2018, according to the latest report from the World Bank. Other international financial institutions have issued similar forecasts this month, with the Asian Development Bank (ADB) and the International Monetary Fund (IMF) putting national ...

Sok Chan
https://www.khmertimeskh.com/50302559/wb-puts-gdp-growth-at-6-9-percent/

Ministry sees strong growth for Kingdom

Cambodia should continue to see steady economic growth at about 7 percent this year despite potential investor caution that could arise ahead of July’s national election, officials from the Ministry of Economy and Finance (MEF) said on Wednesday. ...

Hor Kimsay
https://www.phnompenhpost.com/business/ministry-sees-strong-growth-kingdom

IMF: Make youth a demographic dividend

The International Monetary Fund says Cambodia’s young population compared with other regional countries will be a driving force for financial development and contribute to the emerging finance technology sector, or Fintech.  ...

May Kunmakara
http://www.khmertimeskh.com/news/39134/imf--make-youth-a-demographic-dividend/

Tackle issues early to ensure growth: IMF official

Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing business if it is to continue on its impressive growth track, a visiting International Monetary Fund (IMF) official ...

Cam McGrath
http://www.phnompenhpost.com/business/tackle-issues-early-ensure-growth-imf-official

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