Cambodia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia
IMF Staff Country Reports, November 3, 2016
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- Cambodia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia
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Bibliographic details
- Published: November 3, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475551327.002
Key findings from the 2016 Article IV Consultation
- Growth in the Cambodian economy of about 7 percent in 2015, supported by strong garment exports, real estate and construction activity, and a reduction in oil prices.
- Inflation unexpectedly picked up at the end of 2015, to 2.8 percent, owing to higher food prices following extreme weather, but it remains well contained.
- Private sector credit growth has averaged nearly 30 percent over the past three years, doubling the credit-to-GDP ratio to 62 percent by the end of 2015.
Near-term outlook and projections
- The near-term outlook remains broadly favorable.
- Growth is projected to remain robust at about 7 percent for 2016–17, supported by strong garment exports and real estate and construction activity.
Subject coverage and keywords
- Subjects: Banking, Credit, Expenditure, External debt, Money, Public debt, Public investment and public-private partnerships (PPP), Revenue administration.
- Keywords: Asia and Pacific, authority, CR, Credit, credit growth, debt, dollar, East Asia, Europe, Global, growth outlook, IMF article IV consultation, IMF staff share policy, IMF-World Bank FSAP mission, ISCR, Public investment and public-private partnerships (PPP), real GDP.