{
  "title": "Cambodia: Staff Report for the 2013 Article IV Consultation",
  "publication": "IMF Staff Country Reports, February 4, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/cambodia-staff-report-for-the-2013-article-iv-consultation-41305",
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  "summary": "This Debt Sustainability Analysis update highlights Cambodia’s continued low debt distress rating: all debt burden indicators are projected to remain below the respective thresholds.",
  "sections": [
    {
      "heading": "Debt sustainability findings",
      "content": "- The Debt Sustainability Analysis update highlights Cambodia’s continued low debt distress rating.\n- All debt burden indicators are projected to remain below the respective thresholds."
    },
    {
      "heading": "Contingent liabilities and public-private partnerships",
      "content": "- The authorities have made progress in monitoring their potential contingent liabilities.\n- Progress includes monitoring contingent liabilities related to power generation and distribution projects under public-private partnerships that receive government guarantees.\n- The latest estimates show that the total investment of all projects amounted to about $3.2 billion (about 25 percent of GDP in 2012), lower than the previous estimate of about 50 percent of GDP in 2011."
    },
    {
      "heading": "Debt management progress and strategy",
      "content": "- Developments are consistent with the Debt Management Strategy adopted in 2012.\n- The authorities have been strengthening debt management and improving monitoring of potential contingent liabilities."
    },
    {
      "heading": "Key takeaways",
      "content": "- Low debt distress rating maintained.\n- Debt burden indicators remain below thresholds.\n- Improved monitoring and debt management, with specific attention to PPP-related contingent liabilities in the power sector.\n- Investment exposure from monitored projects: $3.2 billion; about 25 percent of GDP in 2012 (compared with about 50 percent of GDP in 2011).\n\nSource: Cambodia: Staff Report for the 2013 Article IV Consultation (IMF Staff Country Reports 2014, 033).\n\n---\n\n Content in this bundle\n\n- Cambodia 2013 Article IV Consultation; IMF Country No. 14/33; January 9, 2014\n  - Cambodia 2013 Article IV Consultation; IMF Country No. 14/33; January 9, 2014 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cambodia 2013 Article IV Consultation; IMF Country No. 14/33; January 9, 2014 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: February 4, 2014",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475566451.002",
    "The Debt Sustainability Analysis update highlights Cambodia’s continued low debt distress rating.",
    "All debt burden indicators are projected to remain below the respective thresholds.",
    "The authorities have made progress in monitoring their potential contingent liabilities.",
    "Progress includes monitoring contingent liabilities related to power generation and distribution projects under public-private partnerships that receive government guarantees.",
    "The latest estimates show that the total investment of all projects amounted to about $3.2 billion (about 25 percent of GDP in 2012), lower than the previous estimate of about 50 percent of GDP in 2011.",
    "Developments are consistent with the Debt Management Strategy adopted in 2012.",
    "The authorities have been strengthening debt management and improving monitoring of potential contingent liabilities.",
    "Low debt distress rating maintained.",
    "Debt burden indicators remain below thresholds.",
    "Improved monitoring and debt management, with specific attention to PPP-related contingent liabilities in the power sector.",
    "Investment exposure from monitored projects: $3.2 billion; about 25 percent of GDP in 2012 (compared with about 50 percent of GDP in 2011).",
    "**Cambodia 2013 Article IV Consultation; IMF Country No. 14/33; January 9, 2014**"
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