Cambodia Resident Representative Site
Resident Representative Office in Cambodia
This web page presents information about the work of the IMF in Cambodia, including the activities of the IMF Resident Representative Office. Additional information can be found on the Cambodia and IMF country page, including IMF reports and Executive Board documents that deal with Cambodia.
IMF-JICA High-Level Conference on Economic Transformation and Inclusive Growth in Frontier Asia
The International Monetary Fund (IMF) and the Japan International Cooperation Agency (JICA) held a conference on January 28, 2013, in Bangkok, Thailand, to discuss how Frontier Asia can move up the development ladder while ensuring that growth and jobs creation benefits all segments of society.
The conference was addressed by IMF Deputy Managing Director Naoyuki Shinohara, and included ministers, central bank governors and senior officials from Bangladesh, Bhutan, Cambodia, Lao PDR, Maldives, Mongolia, Myanmar, Nepal, Timor-Leste, and Vietnam. The Kyrgyz Republic also participated, and Bank of Thailand Governor Prasarn Trairatvorakul offered opening remarks.
Conference website: www.imf.org/frontierasia (includes papers presented).
See also: Conference program and press release.
News — Highlights
As part of a series of JISPA newsletters commemorating the JISPA 20th year’s anniversary in 2013, this second issue focuses on the IMF’s role in the JISPA, through an interview with Messrs. Shogo Ishii and Odd Per Brekk, respectively former and current directors of the IMF Regional Office for Asia and the Pacific (OAP).
Op-ed by Faisal Ahmed, IMF Resident Representative, Olaf Unteroberdoerster, IMF Mission Chief for Cambodia and Rupa Duttagupta, Deputy Division Chief, Research Department, The Phnom Penh Post, May 8, 2013
Cambodia and the IMF
Cambodia: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia
November 16, 2015
Series: Country Report No. 15/307
September 29, 2015
Author/Editor: Tao Sun
Series: Working Paper No. 15/211
July 8, 2015
IMF board of Directors approved a package of proposals to help developing countries finance the new Sustainable Development Goals. IMF’s Sean Nolan says the package will enhance the financial safety net for low income countries and fragile states.
Regional Economic Outlook: Asia and Pacific
While Asia's growth has recently disappointed, the region is expected to grow at a steady 5.4 percent in 2015-16, remaining the global growth leader. Asia's growth should benefit from relatively strong labor markets and disposable income growth along with the ongoing gradual recovery in major advanced economies. Across most major Asian economies, lower commodity prices should help consumption. Negative risks to growth dominate, especially the possibility of a sharper slowdown in China or larger spillovers from the changing composition of China's demand. In addition, further U.S. dollar strength accompanied by a sudden tightening of global financial conditions, weaker growth in Japan, and weaker regional potential growth could also dim Asia's growth prospects. High leverage could amplify shocks, and lower commodity prices will also hurt corporate investment in key commodity-producing sectors. All in all, despite its resilient outlook, Asia is facing a challenging economic environment. This calls for carefully calibrated macroeconomic policies and a renewed impetus on structural reforms to facilitate investment and improve economic efficiency, bolstering economic resilience and potential growth.