Cambodia has capacity to meet financial commitments
What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and Poor’s, the international credit rating agency. … The report noted that Cambodia had a “relatively low debt level” at around 23 percent of GDP and an “exceedingly low interest burden” of 1.9 percent of general government revenues. …
