Cambodia’s economy has bottomed out after two years and the mid-term outlook is positive, underpinned by booming exports, more diversified manufacturing and stronger tourism receipts, Mekong Strategic Capital says.
In its August economic snapshot, the Phnom Penh-based investment advisory firm says it also expects growth to be supported by continued investment in infrastructure by the new government formed last year.
The government of Prime Minister Hun Manet “continues to impress, but needs to consider more fiscal stimulus”, it says, highlighting the need to help small farms – where most people are employed – get bigger or transition out of the agricultural sector.
In full: https://www.theasset.com/article/52284/cambodias-mid-term-outlook-positive-after-two-year-slowdown-
