Cambodia To Become Lower-Middle-Income Nation By End of 2013: PM
Cambodian Prime Minister Hun Sen said Monday that the country would move from the status of a low-income to a lower-middle-income nation by the end of this year. “We acknowledge that we are in the status of a low-income country with GDP per capita of less than 1,000 US dollars last year,” he said during a graduation ceremony of students at the National Institute of Education. “But from 2013, we will move towards graduation from a low- income to a lower-middle-income country because the GDP per capita will be 1,080 US dollars at the end of this year.” …
