Cambodia to grow at 5.1% in 2022, 6.2% in 2023, 6.6% in 2024: IMF

Cambodia is set to report robust growth this year as well as the next few years, according to the International Monetary Fund (IMF), which recently projected that the country will grow at 5.1 per cent in 2022, 6.2 per cent in 2023 and 6.6 per cent in 2024 due to prudent trade promotion policies, including free trade agreements (FTAs) and high rate of vaccination against COVID-19.

In its ‘Regional Economic Outlook Report for Asia and Pacific: Sailing into Headwinds’, IMF noted that as of October 29 this year, the number of COVID-19 vaccination doses administered per 100 people in the country increased to 265, which was exceptional.

This makes Cambodia one of the most vaccinated countries in the Association of Southeast Asian Nations (ASEAN) as well as across the globe.

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