Fiscal Policies Can Further Boost Sustainable Development

Cambodia continues to rank among the fastest growing economies in Southeast Asia and has made significant progress toward meeting its development goals.

Efforts would need to continue to improve spending efficiency, public investment management practices, and coordination across government units. Support from development partners and involvement of the private sector are also essential.

Cambodia’s economic growth remains strong at 7 percent in 2019 and the country continues to advance its development agenda, according to the IMF’s latest economic assessment.

Public investment and private sector involvement resulted in improved access to and quality of physical infrastructure, such as electricity and roads. Public spending on health and education also increased, which led to improved quality and access. As a result, for example, the enrollment rate in primary education has reached almost 100 percent.

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