IMF: Cambodia’s economy expected to grow 7 pct in 2012

The International Monetary Fund (IMF) predicted Tuesday that Cambodia’s economy could grow as high as 7 percent this year, 0.8 percentage points higher than its April’s forecast of 6.2 percent. Speaking in a meeting with Cambodian Deputy Prime Minister Sok An, IMF’s Chief of Mission to Cambodia Olaf Unteroberdoerster said that Cambodia’s growth is to hit 7 percent this year thanks to the country’s well performances in garment exports, tourism, agriculture and construction…

http://www.nzweek.com/world/imf-cambodias-economy-expected-to-grow-7-pct-in-2012-8368/