## Cambodia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia

_IMF Staff Country Reports, November 3, 2016_

## Source details

**Canonical URL:** [Cambodia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia](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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## Bibliographic details
- Published: November 3, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475551327.002

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### 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.

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_Source: 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_