Remittance Contributes Social And Economic Development
Cambodia, as one of the least developed countries and one of the poorest in the Greater Mekong Subregion, is an active participant in migration within the country, within the region and between the subregion and other regions. According to National Institute of Statistics in 2008, 26.52 percent of the Cambodian population were migrants. “Cambodia is also a newcomer to the area of migration management,” the report from IOM Institution. “There is also a big gap in understanding of migration flows inside and outside Cambodia and their impact on local communities” it said. World Bank data indicates that Cambodia received US$298 million in 2006, which accounted for 4.1 percent of GDP. …
