World Bank expects strong growth in 2012
The World Bank yesterday predicted gross domestic product to grow 6.5 percent this year, though it said that economic conditions could sour if the economies of Cambodia’s largest export markets in the US and Europe deteriorate. In an economic report outlining prospects for all of the world’s economies, the World Bank said that Cambodia’s strong performance in 2011 of 6 percent GDP growth is expected to continue in 2012 even as growth in countries such as China is expected to slow down…
