Cambodia: Ex Post Assessment of Longer-Term Program Engagement
IMF Staff Country Reports, October 22, 2004
Source details
- Canonical URL
- Cambodia: Ex Post Assessment of Longer-Term Program Engagement
Other formats
Bibliographic details
- Published: October 22, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451821697.002
Executive summary and main findings
- Reports progress in implementing Cambodia's economic stabilization, reconstruction, and reform programs.
- Prior to the normalization of relations with the IMF, Cambodia experienced waves of rapid inflation and exchange rate depreciation.
- The inflation and depreciation reflected the government's recurrent resort to money creation to finance the fiscal deficit as external assistance withered.
- Monetary instability and negative real interest rates persist.
- Financial intermediation levels and confidence remain low.
Analytical themes
- Monetary policy and stability
- Recurrent money creation to finance fiscal deficits contributed to rapid inflation and exchange rate depreciation.
- Monetary instability and negative real interest rates are ongoing constraints.
- Financial sector and intermediation
- Low levels of financial intermediation and weak confidence are highlighted as important problems impeding recovery and reform.
- Program implementation and reform progress
- The assessment covers Cambodia's implementation of stabilization, reconstruction, and reform programs in the period covered by the report.
Publication and document metadata
- Publication title: Cambodia: Ex Post Assessment of Longer-Term Program Engagement
- Publication date: October 22, 2004
- Series: Country Report No. 2004/324
- Issue: 324
- Volume: 2004
- Pages: 46
- DOI: https://doi.org/10.5089/9781451821697.002
- Stock No: 1KHMEA0012004
- ISBN: 9781451821697
- ISSN: 1934-7685
- Format noted on landing page: PDF available; additional formats on IMF eLibrary
Subjects and keywords emphasized
- Subjects: 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
International Monetary Fund. "Cambodia: Ex Post Assessment of Longer-Term Program Engagement", IMF Staff Country Reports 2004, 324 (2004), accessed 9/9/2026, https://doi.org/10.5089/9781451821697.002
Content in this bundle
- Cambodia: Ex Post Assessment of Longer-Term Program Engagement