Cambodia’s economy is projected to have grown by 5.3 per cent last year, fuelled by a resurgence in tourism and strong performance in non-garment exports, according to the International Monetary Fund’s (IMF) executive board, which recently concluded the Article IV consultation with the country.
However, risks are skewed to the downside. Weaker-than-expected growth in the US, accounting for over 40 per cent of Cambodia’s exports, and China pose significant risks, IMF noted.
