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World Bank says Cambodia’s economy recovering well in post-pandemic era

PHNOM PENH, Dec. 7 (Xinhua) — Cambodia’s economy is recovering well from the influence of COVID-19 pandemic with the growth being forecast at 4.8 percent in 2022 and 5.2 percent in 2023, the World Bank said in a report released on Wednesday.

In its Cambodia Economic Update, the lender said the post-pandemic economic recovery has expanded thanks to a rebound in tourism, as the garment industry, travel goods and