CAMBODIA is expected “to see continued robust growth, although risks are prominent”, said Moody’s Investors Service in a May 10 update. The country saw real gross domestic product growth of 7.5 per cent in 2018, due to increasing exports, robust tourism and continuing strong foreign direct investment inflows that supported construction and job creation.
Besides robust growth prospects, Cambodia also has “modest and highly affordable government debt”, said Moody’s. However, it faces financial system and geopolitical risks, as well as a weak institutional framework.
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