ADB sees growth for Kingdom
The Asian Development Bank (ADB) yesterday countered Prime Minister Hun Sen’s prediction that gross domestic product growth will reach 8.7% this year, citing a smaller projection in its annual Asian Development Outlook update. The premier quoted the growth figure in a speech given on Monday, but the ADB claimed a number of significant factors were not taken into consideration… The Kingdom’s economic outlook in April was deemed largely positive, with the ADB citing growth of 6.5%. However, global factors such as the earthquake and tsunami in Japan in March and the sovereign debt crises in the US and Europe were still to affect the economy…
http://www.phnompenhpost.com/index.php/2011091551672/Business/adb-sees-growth-for-kingdom.html
