The Ministry of Social Affairs, Veterans and Youth Rehabilitation have instructed officials linked to the government’s social assistance programme to reconfigure an accompanying cash scheme with additional considerations to address shortcomings,
Two major multilateral lenders have forecast Cambodia’s economic growth for 2022 at around five per cent, buoyed by bumper export performance earlier in the year, coupled with ongoing policy support and continued tourism recovery, but held back by external pressures associated with Covid-19 and the Ukraine conflict.
Two major multilateral lenders have forecast Cambodia’s economic growth for 2022 at around five per cent, buoyed by bumper export performance earlier in the year, coupled with ongoing policy support and continued tourism recovery, but held back by external pressures associated with Covid-19 and the Ukraine conflict.
PHNOM PENH (Xinhua): The Asian Development Bank (ADB) maintained its economic growth forecast for Cambodia at 5.3 per cent in 2022, but lowered the 2023 forecast to 6.2 pe rcent from the earlier prediction of 6.5 per cent due to weaker global growth, according to its updated outlook report released on Wednesday (Sept 21).