World Bank says Cambodia’s economy to rebound by 4% this year

Cambodia’s economy is projected to grow 4 per cent in 2021 after contracting 3.1 percent in 2020, said the World Bank’s latest report released on Friday.

However, this recovery remains uneven and volatile, due in part to the reintroduction of a domestic lockdown to control the spread of Covid-19, the report said.

While some sectors have seen economic gains, others continue to be stifled by the ongoing pandemic, it said.

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