Cambodia Issues Tenth Round of Stimulus Measures

The tourism industry contributes 12 percent of GDP and the government views this industry as an indispensable path towards economic recovery. As such, the government also plans to attract seven million tourists by 2025 and 11 million domestic tourists by 2023.

On October 28, 2021, Cambodia issued its tenth round of stimulus measures to help specific industries mitigate the economic impact caused by the ongoing pandemic. These latest measures are an extension of the support provided in the ninth stimulus package, which was issued in June 2021.

Meanwhile, the tourism industry contributes 12 percent of GDP and the government views this industry as an indispensable path towards economic recovery. As such, the government also plans to attract seven million tourists by 2025 and 11 million domestic tourists by 2023.

Suspended workers from the garment, textile, and footwear sectors will continue to receive the standard US$40 per month until the end of December 2021. Moreover, an additional US$30 per month contributed by their employers (thus totaling US$70 per month) will also continue.

In full: https://www.thailand-business-news.com/asean/cambodia/85857-cambodia-issues-tenth-round-of-stimulus-measures.html

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