Home Authors Posts by Asian Vision Institute
Asian Vision Institute
According to the Asian Development Bank, Cambodia’s economy contracted by 3.1 per cent in 2020. The United Nations Development Programme (UNDP) predicts that Cambodia’s poverty rate will rise to 17.6 per cent, around 8 percentage points higher than before the COVID-19 pandemic.
The economy of Cambodia is to suffer the effects of two hard blows in the coming months and years.