YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
No image

World Bank retains Cambodia’s growth forecast at 5.5 pct in 2023

PHNOM PENH, Oct. 2 (Xinhua) — The World Bank maintained its economic growth forecast for Cambodia at 5.5 percent in 2023 and raised it to 6.1 percent in 2024, said its updated report released on Monday.

The Southeast Asian country’s growth is driven by garment export, tourism, agriculture, and construction and real estate.

Aaditya Mattoo, chief economist of the World Bank’s East Asia and Pacific Region,