ADB lowers Cambodia’s economic growth to 6.4% in 2012 due to weak global demand
The Asian Development Bank (ADB) slashed Cambodia’s GDP growth to 6.4 percent this year, 0.1 percentage point lower than its April’s forecast of 6.5 percent, according to the bank’s Outlook 2012 Update released on Wednesday… The bank predicted that Cambodia’s gross domestic product to grow by 6.4 percent in 2012 and 6.8 percent in 2013, a slight drop from ADB’s earlier projections of 6.5 percent and 7 percent in April…
