{
  "title": "Cambodia: 2010 Article IV Consultation-Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cambodia",
  "publication": "IMF Staff Country Reports, February 7, 2011",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/cambodia-2010-article-iv-consultation-staff-report-staff-statement-and-supplement-public-24630",
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  "summary": "Prior to the global crisis, Cambodia enjoyed a decade of high growth and relative stability. However, as a result of the global crisis, output collapsed, and longstanding structural vulnerabilities have been exposed.",
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    {
      "heading": "Overview",
      "content": "- Prior to the global crisis, Cambodia enjoyed a decade of high growth and relative stability.\n- As a result of the global crisis, output collapsed, and longstanding structural vulnerabilities have been exposed.\n- Discussions focused on the dual policy challenge to safeguard macroeconomic stability and policy credibility, and to lay the foundations for broader-based and inclusive growth.\n- IMF staff recommended that the next Article IV Consultation take place on the standard 12-month cycle.\n- IMF staff underscored the need for better and faster data for key economic statistics."
    },
    {
      "heading": "Key findings",
      "content": "- Economic performance before the crisis: a decade of high growth and relative stability.\n- Crisis impact: output collapsed and exposed longstanding structural vulnerabilities.\n- Policy priorities identified:\n  - Safeguard macroeconomic stability.\n  - Preserve policy credibility.\n  - Lay foundations for broader-based and inclusive growth.\n- Data shortcomings:\n  - Need for better and faster data for key economic statistics."
    },
    {
      "heading": "Policy recommendations and implications",
      "content": "- Conduct the next Article IV Consultation on the standard 12-month cycle.\n- Strengthen statistical capacity to provide timely and better-quality economic data to support policy formulation and monitoring.\n- Balance short-term measures to stabilize the economy with reforms to address structural vulnerabilities and promote inclusive growth.\n\n---\n\n Content in this bundle\n\n- cr1145\n  - cr1145 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr1145 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: February 7, 2011",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781455216659.002",
    "Prior to the global crisis, Cambodia enjoyed a decade of high growth and relative stability.",
    "As a result of the global crisis, output collapsed, and longstanding structural vulnerabilities have been exposed.",
    "Discussions focused on the dual policy challenge to safeguard macroeconomic stability and policy credibility, and to lay the foundations for broader-based and inclusive growth.",
    "IMF staff recommended that the next Article IV Consultation take place on the standard 12-month cycle.",
    "IMF staff underscored the need for better and faster data for key economic statistics.",
    "Economic performance before the crisis: a decade of high growth and relative stability.",
    "Crisis impact: output collapsed and exposed longstanding structural vulnerabilities.",
    "Policy priorities identified:",
    "Data shortcomings:",
    "Conduct the next Article IV Consultation on the standard 12-month cycle.",
    "Strengthen statistical capacity to provide timely and better-quality economic data to support policy formulation and monitoring.",
    "Balance short-term measures to stabilize the economy with reforms to address structural vulnerabilities and promote inclusive growth.",
    "**_cr1145**"
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