Cambodia navigates nexus of crises

Energy, food and finance challenges are interconnected.

Climate change, the Covid-19 pandemic, and geopolitical conflicts have caused enormous disruptions to energy and food markets, driving prices to record highs, impacting the poor most severely. In Cambodia, hard-earned development gains were lost, and the country’s Human Development Index regressed to its 2018 level.

The cascading energy, food and financial crises impacted economic, education, employment and health outcomes, particularly for the most vulnerable.

At the onset of the pandemic in 2020, the Cambodian government upscaled its social assistance. More than 700,000 poor and vulnerable households received cash assistance to offset the socioeconomic impacts of the pandemic.

In full: https://asiatimes.com/2023/06/cambodia-navigates-nexus-of-crises/

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