World Bank says Cambodia’s economy expected to bounce back in 2021

Cambodia’s economy is projected to bounce back and grow by 4 percent in 2021 after it has been hit hard by the COVID-19 pandemic this year, said a World Bank’s press statement on Wednesday.

The kingdom’s growth in 2020 is forecast to contract by 2 percent, the statement said.

With the easing of social distancing measures, domestic economic activity is gradually returning to normal, the statement said, citing the bank’s latest economic update for Cambodia.

In full: https://www.thestar.com.my/news/world/2020/12/16/world-bank-says-cambodia039s-economy-expected-to-bounce-back-in-2021

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