Think Tank Says Investment Needed to Balance Growth
Government action is needed if Cambodia is to reach its potential for economic growth and address growing inequality, according to a new report from a leading local think tank. The recommendations were included in the Cambodian Development Resource Institute’s (CDRI) annual development review 2012 to ’13. The report is being released today at a conference in Phnom Penh, at which Prime Minister Hun Sen is scheduled to deliver the keynote address. CDRI expects Cambodia’s gross domestic product to grow by about 7 percent this year, compared to estimated growth of 6.5 percent in 2012, the report says. …
