As the dust settles on the economy, Cambodia comes to grips with what needs to be done to turn the economy around, starting with a big shopping list for credit.
‘We are going on the offensive,” Vongsey Vissoth, Ministry of Economy and Finance permanent secretary of state asserted at a briefing on the Covid-19 stimulus package. “Expect more borrowings because we need to spend a lot [to boost the economy],” he said.
The government is switching gears to boost competitiveness by developing skills, making trade efficient and improving infrastructure.
In full: https://www.phnompenhpost.com/special-reports/offensive-cambodia-load-loans-stimulate-economy