{
  "title": "Cambodia: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia",
  "publication": "IMF Staff Country Reports, December 18, 2022",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2022/12/15/cambodia-2022-article-iv-consultation-press-release-staff-report-and-statement-by-the-526993",
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  "summary": "After suffering a recession during the pandemic, the Cambodian economy was on a steady recovery path, but is facing new pressures in 2022 that have buffeted external demand and increased inflation rates.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- After suffering a recession during the pandemic, the Cambodian economy was on a steady recovery path, but faced new pressures in 2022 that have buffeted external demand and increased inflation rates.\n- The authorities have largely continued with crisis policy responses and have pressed on with policy reforms.\n- The recovery is projected to continue, notwithstanding external stresses.\n- Risks of public debt distress remain low.\n- The level of private debt raises concerns about potential debt overhang."
    },
    {
      "heading": "Major findings and projections",
      "content": "- Recovery trajectory: steady recovery after pandemic-induced recession, projected to continue despite external stresses.\n- External sector: external demand was buffeted in 2022, contributing to pressures on the economy.\n- Inflation: inflation rates increased in 2022.\n- Public debt: risks of public debt distress remain low.\n- Private debt: the level of private debt raises concerns about potential debt overhang."
    },
    {
      "heading": "Policy stance and actions by authorities",
      "content": "- Continued crisis policy responses through 2022.\n- Continued implementation of policy reforms."
    },
    {
      "heading": "Subjects and keywords covered",
      "content": "- Subjects: Credit, External debt, Financial sector policy and analysis, Inflation, International organization, Monetary policy, Money, Prices, Public debt, Stress testing\n- Keywords: Asia and Pacific, Cambodia's economy, Credit, Europe, Global, growth outlook, IMF Database, IMF-World Bank FSAP mission, Inflation, inflation expectation, Stress testing, support measure\n\n---\n\n Content in this bundle\n\n- 1khmea2022002\n  - 1khmea2022002 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1khmea2022002 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: December 18, 2022",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798400228520.002",
    "After suffering a recession during the pandemic, the Cambodian economy was on a steady recovery path, but faced new pressures in 2022 that have buffeted external demand and increased inflation rates.",
    "The authorities have largely continued with crisis policy responses and have pressed on with policy reforms.",
    "The recovery is projected to continue, notwithstanding external stresses.",
    "Risks of public debt distress remain low.",
    "The level of private debt raises concerns about potential debt overhang.",
    "Recovery trajectory: steady recovery after pandemic-induced recession, projected to continue despite external stresses.",
    "External sector: external demand was buffeted in 2022, contributing to pressures on the economy.",
    "Private debt: the level of private debt raises concerns about potential debt overhang.",
    "Continued crisis policy responses through 2022.",
    "Continued implementation of policy reforms.",
    "Subjects: Credit, External debt, Financial sector policy and analysis, Inflation, International organization, Monetary policy, Money, Prices, Public debt, Stress testing",
    "Keywords: Asia and Pacific, Cambodia's economy, Credit, Europe, Global, growth outlook, IMF Database, IMF-World Bank FSAP mission, Inflation, inflation expectation, Stress testing, support measure",
    "**1khmea2022002**"
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