Cambodia: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia

November 16, 2015

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Cambodia: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia, (USA: International Monetary Fund, 2015) accessed November 21, 2024

Summary

This 2015 Article IV Consultation highlights that economic activity in Cambodia remained strong with a growth rate at 7 percent in 2014, notwithstanding appreciation of the real effective exchange rate following U.S. dollar strengthening and growing competition from other low-cost garment producers. Inflation fell in 2014 and through 2015, owing to strong external disinflationary pressures from lower food and oil prices. The short-term outlook remains broadly favorable. Growth is projected to remain robust at 7 percent in 2015, while inflation is projected to rise gradually to about 2 percent by end-2015. The fiscal deficit is projected to rise modestly to 2 percent in 2015 as a result of strong measures to improve revenue administration.

Subject: Bank deposits, Banking, Credit, External debt, Money, National accounts, Public and publicly-guaranteed external debt, Public debt

Keywords: Asia and Pacific, Authority, CR, Credit, Credit growth, Debt, Deficit, Europe, Global, Government deposit, Growth outlook, ISCR, Private sector credit, Public and publicly-guaranteed external debt, Real GDP, Spending mix

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/307
Stock No:

1KHMEA2015001
ISBN:

9781513520254
ISSN:

1934-7685

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