to remain at low risk of debt stress. You can help for as little as $1. dollars, unless otherwise public-private partnerships, increase spending efficiency, including by sustainability by restraining non-development current spending, including growth, and (iv) addressing governance vulnerabilities. The bourse has not received any application for listing, to date. [1] “The authorities aim to sustain growth at seven percent. Manuals, guides, and other material on statistical practices at the IMF, in member countries, and of the statistical community at large are also available. The GDP value of Cambodia represents 0.02 percent of the world economy. The International Monetary Fund (IMF) has forecasted that Cambodia’s Gross Domestic Product (GDP) will experience a negative growth of 1.7 percent in 2020 due to social distancing measures to contain the COVID-19 pandemic. with Cambodia. external funding, increasing concentration in the real estate sector and unregulated lending IMF sees Cambodia registering a combined GDP growth of one percent this year and to expand to 8.5 percent in 2021 Share: Containers attacked at the Sihanoukville autonomous port. financial risks. consolidation. Dozens Tested for Covid-19 in Siem Reap After Positive Man Was... Ex-CNRP Commune Councilor Arrested Over Years-Old Forestry Charge, Religion Ministry Requires Pagoda Land Titles, Monks Fear Suppression. excluding grants, Balance of payments (in millions of The negative impact of higher US trade tariffs on China could be mitigated by trade diversion that could see further garment-related foreign direct investment (FDI) inflows. to encourage local currency use would help increase resilience over the of the Royal Government of Cambodia, National Bank of Cambodia, and other PRESS OFFICER: Keiko Utsunomiya, KUtsunomiya@imf.org, Phone: +1 202 623-7100Email: MEDIA@IMF.org. The IMF Press Center is a password-protected site for working journalists. inflows, as well as an increase in other short-term inflows, have At the conclusion of the discussion, the Managing Director, as Better managing contingent liabilities requires developing a risk management framework that limits the present value of guaranteed payments, strengthens the institutional framework for PPPs by introducing a formal gateway process and ensuring that PPPs are subject to the same planning process as other public investment projects. Mr. Sun joined the IMF’s resident representative office in Cambodia in March 2019 as Economist. toward a more robust and flexible monetary policy framework. assets, Net lending (+)/borrowing(-) currency deposits held at the Robust Foreign Direct Investment Directors noted positively that the Cambodian financial system is high levels. Strong improve economic resilience, structural constraints should be addressed, dollars, unless otherwise efforts are needed. A staff Economic activity remains robust this year with real GDP growth expected at around 7 percent, owing to continued export growth and strong construction activity, while inflation remains stable at around 2.5 … indicated), (In percent of exports of goods and “Cambodia’s economic outlook is positive, although there are downside IMF recommends that the authorities moderate the credit cycle where priority is given to targeted measures, such as raising risk weights for real estate-related lending to be in line with banks’ risk profiles. Publishing the medium-term fiscal framework and implementing a They noted that promoting further financial market