Cambodia: 2012 Article IV Consultation
January 8, 2013
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Despite the global slowdown, Cambodia’s economy has been holding up, driven by resilient exports and tourism and a strong real estate recovery. Fiscal policy has remained anchored in rebuilding government deposits and maintaining long-term fiscal debt sustainability, while providing adequate financing for Cambodia’s vast development needs. Executive Directors identified greater mobilization of fiscal revenues imperative to rebuild government deposits, and maintained that focus should be on measures that would generate substantial additional revenue and create strong positive externalities.
Subject: Bank deposits, Banking, Credit, External debt, Money, National accounts, Public and publicly-guaranteed external debt, Public debt
Keywords: Asia and Pacific, CR, Credit, credit growth, debt risk, fiscal policy buffer, Global, headline inflation, increase export growth, ISCR, Mekong, private sector credit, Public and publicly-guaranteed external debt
Pages:
69
Volume:
2013
DOI:
Issue:
002
Series:
Country Report No. 2013/002
Stock No:
1KHMEA2013001
ISBN:
9781475580822
ISSN:
1934-7685
