Cambodia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia

October 20, 2017

Preview Citation

Format: Chicago

Cambodia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia, (USA: International Monetary Fund, 2017) accessed November 21, 2024

Summary

This 2017 Article IV Consultation highlights 6.9 percent expected growth in Cambodia’s economy in 2017, with moderating private investment offset by higher public spending and robust construction and tourism activities. Headline inflation rose to 3 percent in 2016 and 3.5 in the first half of 2017, driven mainly by higher food and energy prices. Overall credit growth has slowed, owing in part to policy measures. Real estate sector–related bank credit growth, however, remains strong, supported by demand for housing from Cambodia’s young and growing middle-income population. Real GDP growth is projected to remain robust over the next few years.

Subject: Bank deposits, Banking, Credit, Expenditure, Financial markets, Financial sector development, Money, Public debt, Public investment and public-private partnerships (PPP)

Keywords: AsDB Cambodia Country Partnership Strategy, Asia and Pacific, Authority, Cambodia, CR, Credit, Credit growth, Debt, East Asia, Financial sector development, Global, Headline inflation, IMF article IV consultation, IMF staff share policy, IMF-World Bank FSAP mission, ISCR, Public investment and public-private partnerships (PPP)

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/325
Stock No:

1KHMEA2017001
ISBN:

9781484325094
ISSN:

1934-7685

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