Home NEWSBUSINESS Cambodia’s economy projected to have grown by 5.3% in 2023: IMF

Cambodia’s economy projected to have grown by 5.3% in 2023: IMF

by vergexpress

Cambodia’s financial system is projected to have grown by 5.3 per cent final yr, fuelled by a resurgence in tourism and robust efficiency in non-garment exports, in response to the Worldwide Financial Fund’s (IMF) government board, which lately concluded the Article IV session with the nation.

Nevertheless, dangers are skewed to the draw back. Weaker-than-expected progress within the US, accounting for over 40 per cent of Cambodia’s exports, and China pose vital dangers, IMF famous.

In full: https://www.fibre2fashion.com/information/textile-news/cambodia-s-economy-projected-to-have-grown-by-5-3-in-2023-imf-292754-newsdetails.htm

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