‘On the offensive’: Cambodia to load up on loans to stimulate economy

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

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