Household income falls, debt rises sharply after drought

The economic stability of Cambodian households took a beating during the El Nino weather cycle that enveloped the region during the last dry season, resulting in drought conditions that drove many families into debt and lower income brackets, a new study has found. The study, released last week, surveyed 2,400 households across the country and found that more than 50 percent of middle- and-upper-income families had taken out loans and fallen into lower income brackets. …

Janelle Retka
https://www.cambodiadaily.com/news/household-income-falls-debt-rises-sharply-drought-118540/