Credit growth poses economic risk, IMF warns

Rapid credit growth – increasingly financed by bank flows from abroad – poses significant risk to Cambodia’s economy and requires prudential policies to cool lending and reduce exposure, the International Monetary Fund (IMF) warned in a report released yesterday. …

It said while Cambodia’s short-term economic outlook remains broadly favourable, credit-intensive GDP growth has not been accompanied by an increase in private investment. …

Cam McGrath
http://www.phnompenhpost.com/business/credit-growth-poses-economic-risk-imf-warns