Multilateral development assistance

International Monetary Fund (IMF)

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

Rein in credit, warns IMF

In light of global predictions of a slowdown in economic markets, led largely by China’s slackening growth, the International Monetary Fund (IMF) yesterday offered Cambodia advice on short and longer term measures to help maintain growth. It also warned that the country’s rapid credit growth ...

May Kunmakara
http://www.khmertimeskh.com/news/31763/rein-in-credit--warns-imf/

Give farmers a break: PM

Prime Minister Hun Sen yesterday called on banks and microfinance institutions (MFIs) to suspend loan repayments by borrowers affected by this year’s drought, or either make the loans interest free or cut the rates. ...

May Kunmakara
http://www.khmertimeskh.com/news/18453/give-farmers-a-break--pm/

Hun Sen says business breeds bribes

Prime Minister Hun Sen yesterday defended his government, saying its reputation for corruption is undeserved, laying blame on the private sector for initiating the bribe process and calling out international development partners for applying double standards. Speaking at the Eighth Regional Conference of Anti-Corruption Intiative for ...

Chan Muyhong
http://phnompenhpost.com/business/hun-sen-says-business-breeds-bribes

IMF says Cambodia's strong outlook subject to 'considerable' risks

Cambodia’s strong economic growth and foreign investment are subject to “considerable” downside risks, the International Monetary Fund has warned. A staff report released in Washington late Tuesday said “economic activity remains strong driven by robust exports, with garment exports helped by preferential access to European Union.” At ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2FjYzE4NzRmYzQ

Human Rights Watch attacks IMF chief over Cambodia visit

American lobby group Human Rights Watch has lashed out at Christine Lagarde, the managing director of the International Monetary Fund, for her trip to Cambodia earlier this month. In a commentary posted Thursday, it noted that the IMF recognized that corruption threatened market integrity, distorted competition, ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=YTNmNDE1NGJiZjY

IMF Reiterates 7 Percent Growth Prediction for Cambodia

The head of the International Monetary Fund (IMF), Christine Lagarde, has reaffirmed an earlier prediction that Cambodia will grow 7 percent this year, in an interview published today by The Post newspaper. Lagarde praised the country’s economic outlook, although she acknowledged that it will face challenges, ...

Prensa Latina News Staff
http://www.plenglish.com/index.php?option=com_content&task=view&id=2140481&Itemid=1

IMF chief pledges continued support to Cambodian reforms

The International Monetary Fund (IMF) Managing Director Christine Lagarde pledged Monday to continue providing technical assistance to Cambodia for financial and fiscal reforms. Speaking during a meeting with Cambodian Economy and Finance Minister Aun Porn Moniroth, Lagarde hailed Cambodia for sound macroeconomic management and fruitful cooperation ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/02/c_132935757.htm

IMF Managing Director Christine Lagarde to Visit Cambodia

nternational Monetary Fund (IMF) managing director Christine Lagarde will visit Cambodia next week as part of an Asia tour that will also include stops in South Korea and Burma, according to an IMF spokesman. Ms. Lagarde will meet with Cambodian government officials, university students, investors and ...

Colin Meyn
http://www.cambodiadaily.com/business/imf-managing-director-christine-lagarde-to-visit-cambodia-47940/

IMF Predicts Country’s Economy to Grow 7%

The International Monetary Fund (IMF) on Friday said it expects Cambodia’s economy to grow by 7 percent this year, fueled mostly by the garment, tourism and construction sectors, though risks such as extreme weather and labor market instabilities could cause growth to fluctuate. The IMF also ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/imf-predicts-countrys-economy-to-grow-7-47117/

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