Cambodia: Ex Post Assessment of Longer-Term Program Engagement
October 22, 2004
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This Ex Post Assessment of Longer-Term Program Engagement for Cambodia reports its progress in implementing its economic stabilization, reconstruction, and reform programs. Prior to the normalization of relations with the IMF, Cambodia faced waves of rapid inflation and exchange rate depreciation, reflecting the government’s recurrent resort to money creation to finance the fiscal deficit as external assistance withered. With monetary instability and negative real interest rates, financial intermediation levels and confidence remain low.
Subject: Expenditure, Poverty, Poverty reduction, Poverty reduction and development, Poverty reduction strategy, Public debt
Keywords: Cambodia, civil service, core area, CR, financial support, firm, fiscal policy, fund staff estimate, government, government contract, government contract concession, ISCR, Oustanding fund credit, policy strategy, Poverty reduction, Poverty reduction and development, Poverty reduction strategy, program implementation capacity, renewed access, revenue, Southeast Asia
Pages:
46
Volume:
2004
DOI:
Issue:
324
Series:
Country Report No. 2004/324
Stock No:
1KHMEA0012004
ISBN:
9781451821697
ISSN:
1934-7685
