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 at the New Frontier—an Address to the Royal School of Administration, by Christine Lagarde, Managing Director, International Monetary Fund
Press Release:IMF Managing Director Christine Lagarde Meets King Sihamoni,Prime Minister Hun Sen and Other Senior Officials in Cambodia
Transcript of a Press Briefing by Gerry Rice, Director of the Communications Department, International Monetary Fund
Regional Economic Outlook: Asia and Pacific
Asia has not been spared by the recent re-pricing of financial assets in emerging markets, encountering a wave of capital outflows in the past few months. The overall impact has, so far, been manageable although some countries have been subject to greater stress. Tighter global liquidity— and homegrown structural impediments in some countries—will weigh on growth, but for most economies the impact should be partly offset by a gradual pickup in exports to advanced economies and resilient domestic demand. If, however, conditions tighten further we are likely to see even greater differentiation across the region. Those with strong fundamentals and policy credibility will be able to offset imported tightening through lower policy rates and fiscal support. Others that have delayed reforms, left fiscal vulnerabilities untackled, or tolerated too-high inflation may be forced to respond with a procyclical policy tightening. Announcing credible medium-term reforms would rebuild confidence and ease policy trade-offs.