{
  "title": "Cambodia: 2021 Article IV Consultation-Press Release; and Staff Report",
  "publication": "IMF Staff Country Reports, December 9, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2021/12/08/cambodia-2021-article-iv-consultation-press-release-and-staff-report-510848",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2021/12/08/cambodia-2021-article-iv-consultation-press-release-and-staff-report-510848",
  "overlayPath": "/en/publications/cr/issues/2021/12/08/cambodia-2021-article-iv-consultation-press-release-and-staff-report-510848/index.md",
  "summary": "The rapid spread of the virus in Cambodia during 2021 has set the economy back again, after external demand collapsed in 2020.",
  "sections": [
    {
      "heading": "Summary findings",
      "content": "- \"The rapid spread of the virus in Cambodia during 2021 has set the economy back again, after external demand collapsed in 2020.\"\n- Authorities' crisis response measures included:\n  - increased healthcare spending;\n  - a new system of cash transfers to vulnerable households;\n  - loans and guarantees;\n  - tax breaks; and\n  - wage subsidies and retraining.\n- Growth outcomes and near-term outlook:\n  - growth is estimated to have contracted by -3.1 percent in 2020;\n  - growth in 2021 is expected to be 2.2 percent, slowly recovering to pre-crisis rates of around 6½ percent."
    },
    {
      "heading": "Economic outlook and key projections",
      "content": "- 2020: growth contracted by -3.1 percent.\n- 2021: growth expected to be 2.2 percent.\n- Medium-term: gradual recovery toward pre-crisis rates of around 6½ percent."
    },
    {
      "heading": "Policy responses and analysis themes",
      "content": "- Fiscal and social measures:\n  - increased healthcare spending;\n  - a new system of cash transfers to vulnerable households;\n  - loans and guarantees;\n  - tax breaks;\n  - wage subsidies and retraining.\n- Analytical subjects covered in the report:\n  - Debt sustainability analysis;\n  - External debt;\n  - Financial institutions;\n  - Financial sector policy and analysis;\n  - International organization;\n  - Loans;\n  - Monetary policy;\n  - Public debt;\n  - Stress testing."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Debt sustainability analysis, External debt, Financial institutions, Financial sector policy and analysis, International organization, Loans, Monetary policy, Public debt, Stress testing\n- Keywords: Asia and Pacific, burden indicator, Debt sustainability analysis, Europe, IMF-World Bank FSAP mission, IMF's transparency policy, Loans, Policy discussion, policy setting, Stress testing\n\nInternational Monetary Fund. Asia and Pacific Dept \"Cambodia: 2021 Article IV Consultation-Press Release; and Staff Report\", IMF Staff Country Reports 2021, 260 (2021).\n\n---\n\n Content in this bundle\n\n- 1khmea2021002\n  - 1khmea2021002 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1khmea2021002 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2021/12/08/cambodia-2021-article-iv-consultation-press-release-and-staff-report-510848/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2021/12/08/cambodia-2021-article-iv-consultation-press-release-and-staff-report-510848/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2021/12/08/cambodia-2021-article-iv-consultation-press-release-and-staff-report-510848/bundle-manifest.json)",
    "Published: December 9, 2021",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781616355944.002",
    "\"The rapid spread of the virus in Cambodia during 2021 has set the economy back again, after external demand collapsed in 2020.\"",
    "Authorities' crisis response measures included:",
    "Growth outcomes and near-term outlook:",
    "2020: growth contracted by -3.1 percent.",
    "2021: growth expected to be 2.2 percent.",
    "Medium-term: gradual recovery toward pre-crisis rates of around 6½ percent.",
    "Fiscal and social measures:",
    "Analytical subjects covered in the report:",
    "Subject: Debt sustainability analysis, External debt, Financial institutions, Financial sector policy and analysis, International organization, Loans, Monetary policy, Public debt, Stress testing",
    "Keywords: Asia and Pacific, burden indicator, Debt sustainability analysis, Europe, IMF-World Bank FSAP mission, IMF's transparency policy, Loans, Policy discussion, policy setting, Stress testing",
    "**1khmea2021002**"
  ],
  "related": [
    {
      "title": "1khmea2021002",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/cr/2021/english/1khmea2021002.pdf",
      "summary": {
        "path": "/-/media/files/publications/cr/2021/english/1khmea2021002.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/cr/2021/english/1khmea2021002.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2021/12/08/cambodia-2021-article-iv-consultation-press-release-and-staff-report-510848/index.md",
    "json": "/en/publications/cr/issues/2021/12/08/cambodia-2021-article-iv-consultation-press-release-and-staff-report-510848/index.json",
    "bundleManifest": "/en/publications/cr/issues/2021/12/08/cambodia-2021-article-iv-consultation-press-release-and-staff-report-510848/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-12T07:52:01.776Z"
}