Prior to the global crisis, Cambodia enjoyed a decade of high growth and relative stability. However, as a result of the global crisis, output collapsed, and longstanding structural vulnerabilities have been exposed. Discussions focused on the dual policy challenge to safeguard macroeconomic...

This staff report for Cambodia’s 2008 Article IV Consultation describes economic developments and policies. Growth is slowing, liquidity is tightening, and, as a result, banks’ balance sheets are coming under strain. Competitiveness has eroded given the recent sharp real appreciation of the...

This paper discusses major macroeconomic issues confronting Cambodia. The report also discusses recent growth performance of the economy and presents recently updated national accounts estimates. Revenue mobilization remains a key objective since, despite recent significant improvements, revenue...

This Selected Issues paper analyzes the potential impact of oil on economic growth and policy for Cambodia. It shows that a hypothetical moderately sized oil sector would have a significant, but not overwhelming, impact on macroeconomic prospects; but reaping the benefits while avoiding economic...

This 2007 Article IV Consultation underlies that strong macroeconomic policies have enabled Cambodia to achieve impressive growth and make inroads into poverty. Supported by prudent fiscal and monetary policies that have strengthened the economy’s resilience to shocks, growth has averaged more...

In this study, the following statistical data are presented in detail: agriculture, livestock, and fishery production, structure of revenue, monetary survey, reserve money, interest rates, central government operations, profile of the commercial bank system, consumer price index, foreign debt,...

Cambodians have displayed tremendous resilience. The National Strategic Development Plan (NSDP) has been formulated using the comprehensive Rectangular Strategy of the Royal Government of Cambodia and synthesizes the Cambodia Millennium Development Goals (CMDG), the National Poverty Reduction...

The Selected Issues paper discusses Cambodia’s poverty and growth, private sector development, public financial management reform, and debt sustainability. It summarizes the Poverty Assessment and describes the regime of tax incentives, costs, and limits for private investment. It also...

Cambodia achieved macroeconomic stability underpinned by prudent fiscal and monetary policies. Executive Directors commended this development. They welcomed the National Strategic Development Plan for reducing poverty, enhancing physical infrastructure, and improving social services. They...

This Ex Post Assessment of Longer-Term Program Engagement for Cambodia reports its progress in implementing its economic stabilization, reconstruction, and reform programs. Prior to the normalization of relations with the IMF, Cambodia faced waves of rapid inflation and exchange rate...