Cambodia lowers growth forecast to 2.5 pct this year due to COVID-19: PM

Cambodian Prime Minister Samdech Techo Hun Sen on Sunday lowered the kingdom’s economic growth forecast to 2.5 percent in 2021 from its earlier projection of 4.1 percent, due to the COVID-19.

The economy in the Southeast Asian nation is mainly driven by garment and footwear exports, tourism, real estate and construction, and agriculture.

“Due to disruption caused by the COVID-19, our growth is projected at only 2.5 percent, down from the earlier prediction of 4.1 percent,” the prime minister said here during the launch of a vaccination drive for the adolescent group aged from 12 to 17.

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