Cambodia: 2018 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Cambodia
IMF Staff Country Reports, December 17, 2018
Source details
- Canonical URL
- Cambodia: 2018 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Cambodia
Other formats
Bibliographic details
- Published: December 17, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484391273.002
Summary
- Cambodia has made significant progress towards the Sustainable Development Goals (SDGs) due to years of impressive economic growth and reforms.
- Income growth has outpaced peers.
- Poverty has declined.
- The economy has begun to gradually diversify.
- Elevated financial sector vulnerabilities, development spending needs, and governance weaknesses pose challenges for further advancing sustainable growth and development.
Major themes and findings
- Economic growth and development
- Years of impressive economic growth and reforms have driven progress toward the SDGs.
- Income growth has outpaced peers.
- Poverty reduction has occurred.
- The economy is beginning gradual diversification.
- Risks and vulnerabilities
- Elevated financial sector vulnerabilities.
- Development spending needs that could strain resources.
- Governance weaknesses that could impede sustainable growth and development.
- Subject areas covered
- Credit
- External debt
- Fiscal policy
- Money
- Public debt
- Revenue administration
Content in this bundle
- Country Report