News

WB sees Cambodia’s GDP shrinking one percent ahead of six percent rebound in 2021

The World Bank had forecasted that Cambodia’s economy would shrink 1.0 percent this year before rebounding 6.0 percent next year which was released in Washington yesterday. ...

AKP
https://www.khmertimeskh.com/50732401/wb-sees-cambodias-gdp-shrinking-one-percent-ahead-of-six-percent-rebound-in-2021/

New GDP prediction is not optimistic

The Asian Development Bank (ADB) has predicted that the real economic growth of Cambodia will reach 2.3 percent this year and will be around 5.7 percent in 2021, according to the newly released report on ADB’s flagship annual economic publication titled, Asian Development Outlook 2020. ...

Sok Chan
https://www.khmertimeskh.com/50709859/new-gdp-prediction-is-not-optimistic/

GDP Growth to Shrink to 2.5% Amid Pandemic, World Bank Projects

Cambodia’s GDP growth this year could drop to its lowest rate in more than a decade, the World Bank projects, with some economic experts warning that the country’s reliance on international markets could slow recovery. ...

Danielle Keeton-Olsen
https://vodenglish.news/gdp-growth-to-shrink-to-2-5-amid-pandemic-world-bank-projects/

Productivity cuts into growth

Cambodia’s GDP growth fell below the 7 percent mark for the first time since 2011 last year, signalling a need for the government to address the country’s low productivity and insufficient public infrastructure spending, according to a World Bank report released yesterday. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/productivity-cuts-growth

World Bank economists grilled over pervasive rural debt

The head of Transparency International Cambodia used the release of a World Bank economic report yesterday to press the lender’s economists on rural indebtedness and their claim that the country’s strong GDP growth was helping the country’s poor. ...

Brendan O’Byrne
https://www.cambodiadaily.com/news/world-bank-economists-grilled-pervasive-rural-debt-129932/

Ministry predicts stable GDP growth

The government is predicting Cambodia’s gross domestic product will grow at seven percent this year and next. ...

Sok Chan
http://www.khmertimeskh.com/news/38370/ministry-predicts-stable-gdp-growth/

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