{
  "title": "Cambodia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia",
  "publication": "IMF Staff Country Reports, October 20, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/10/20/cambodia-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-45355",
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  "summary": "This 2017 Article IV Consultation highlights 6.9 percent expected growth in Cambodia’s economy in 2017, with moderating private investment offset by higher public spending and robust construction and tourism activities. Headline inflation rose to 3 percent in 2016 and 3.",
  "publishDate": "2017-10-20",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Key findings",
      "content": "- Real GDP growth expected at 6.9 percent in 2017.\n- Moderating private investment was offset by higher public spending and robust construction and tourism activities.\n- Headline inflation rose to 3 percent in 2016 and 3.5 in the first half of 2017, driven mainly by higher food and energy prices.\n- Overall credit growth has slowed, owing in part to policy measures.\n- Real estate sector–related bank credit growth remains strong, supported by demand for housing from Cambodia’s young and growing middle-income population.\n- Real GDP growth is projected to remain robust over the next few years."
    },
    {
      "heading": "Macroeconomic outlook and projections",
      "content": "- Growth: 6.9 percent expected for 2017.\n- Projection summary: Real GDP growth projected to remain robust over the next few years (no specific year-by-year numbers provided in the source content)."
    },
    {
      "heading": "Inflation dynamics",
      "content": "- Headline inflation: 3 percent in 2016.\n- Headline inflation: 3.5 in the first half of 2017.\n- Main drivers: higher food and energy prices."
    },
    {
      "heading": "Credit and financial sector developments",
      "content": "- Overall credit growth: slowed, in part due to policy measures.\n- Sectoral divergence: real estate sector–related bank credit growth remains strong."
    },
    {
      "heading": "Fiscal and investment context",
      "content": "- Public spending: increased and helped offset moderating private investment.\n- Investment composition: construction and tourism activities described as robust contributors to growth.\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/10/20/cambodia-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-45355"
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    "Published: October 20, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484325094.002",
    "Real GDP growth expected at 6.9 percent in 2017.",
    "Moderating private investment was offset by higher public spending and robust construction and tourism activities.",
    "Headline inflation rose to 3 percent in 2016 and 3.5 in the first half of 2017, driven mainly by higher food and energy prices.",
    "Overall credit growth has slowed, owing in part to policy measures.",
    "Real estate sector–related bank credit growth remains strong, supported by demand for housing from Cambodia’s young and growing middle-income population.",
    "Real GDP growth is projected to remain robust over the next few years.",
    "Growth: 6.9 percent expected for 2017.",
    "Projection summary: Real GDP growth projected to remain robust over the next few years (no specific year-by-year numbers provided in the source content).",
    "Headline inflation: 3 percent in 2016.",
    "Headline inflation: 3.5 in the first half of 2017.",
    "Main drivers: higher food and energy prices.",
    "Overall credit growth: slowed, in part due to policy measures.",
    "Sectoral divergence: real estate sector–related bank credit growth remains strong.",
    "Public spending: increased and helped offset moderating private investment.",
    "Investment composition: construction and tourism activities described as robust contributors to growth.",
    "**Country Report**"
  ],
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