{
  "title": "Cambodia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia",
  "publication": "IMF Staff Country Reports, November 3, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/cambodia-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44370",
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  "summary": "This 2016 Article IV Consultation highlights 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.",
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    {
      "heading": "Key findings from the 2016 Article IV Consultation",
      "content": "- 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.\n- 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.\n- 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."
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    {
      "heading": "Near-term outlook and projections",
      "content": "- The near-term outlook remains broadly favorable.\n- Growth is projected to remain robust at about 7 percent for 2016–17, supported by strong garment exports and real estate and construction activity."
    },
    {
      "heading": "Subject coverage and keywords",
      "content": "- Subjects: Banking, Credit, Expenditure, External debt, Money, Public debt, Public investment and public-private partnerships (PPP), Revenue administration.\n- 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.\n\n---\n\n Content in this bundle\n\n- Cr16340\n  - Cr16340 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cr16340 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: November 3, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475551327.002",
    "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.",
    "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.",
    "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.",
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