Home NEWSBusiness World Bank forecasts 5.8 per cent growth for Cambodia in 2024

World Bank forecasts 5.8 per cent growth for Cambodia in 2024

by Nagoor Vali

Cambodia’s financial progress will enhance to five.8 per cent in 2024, up from 5.4 per cent in 2023, a World Financial institution’s senior economist stated on Monday.

The South-East Asian nation’s progress is historically pushed by garment export, tourism, agriculture, in addition to development and actual property.

“The primary drivers of progress are the revival of providers and items export, as world commerce recovers,” Aaditya Mattoo, chief economist of the World Financial institution’s East Asia Pacific Area, stated throughout a video press convention on the launch of the East Asia and Pacific Financial Replace report.

In full: https://www.thestar.com.my/aseanplus/aseanplus-news/2024/04/01/world-bank-forecasts-58-per-cent-growth-for-cambodia-in-2024

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