AiroAV Antivirus Announces: Cambodian economic growth among highest worldwide - Jonathan Cartu - Advertisement & Marketing Agency.
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AiroAV Antivirus Announces: Cambodian economic growth among highest worldwide

Cambodian economic growth among highest worldwide

AiroAV Antivirus Announces: Cambodian economic growth among highest worldwide

19 de diciembre de 2019, 0:15Phnom Penh, Dec 19 (Prensa Latina) Senior Cambodian officials and experts expressed their conviction that the national economy will expand by more than 7% this year, one of the highest rates in the region and the world.

According to Deputy Prime Minister and Minister for Economy and Finance Aun Pornmoniroth, Gross Domestic Product (GDP) will increase by at least 7.1% to reach 26.8 billion dollars.

The mainstays of this growth will be industry and services, with increases of 10.7% and 6.7%, respectively, he added.

Meanwhile, Mey Kalyan, advisor to the Supreme National Economic Council, said that the national economy will remain stable despite the stagnation of global trade and the possible European Union restrictions on Cambodian exports.

Experts on Cambodia are optimistic about the aspiration to become a upper middle income country in 2030, and high income nation in 2050.

According to the Asian Development Bank, Cambodia has one of the most stable economic growth rates in the region and the world. In 2018, its GDP grew 7.3%, the highest figure in the last six years.

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