Home NEWSBusiness Cambodia’s economy projected to have grown by 5.3% in 2023: IMF

Cambodia’s economy projected to have grown by 5.3% in 2023: IMF

by Nagoor Vali

Cambodia’s economic system is projected to have grown by 5.3 per cent final 12 months, fuelled by a resurgence in tourism and powerful efficiency in non-garment exports, based on the Worldwide Financial Fund’s (IMF) govt board, which just lately concluded the Article IV session with the nation.

Nonetheless, dangers are skewed to the draw back. Weaker-than-expected development within the US, accounting for over 40 per cent of Cambodia’s exports, and China pose vital dangers, IMF famous.

In full: https://www.fibre2fashion.com/information/textile-news/cambodia-s-economy-projected-to-have-grown-by-5-3-in-2023-imf-292754-newsdetails.htm

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