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.