Cambodia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia

International Monetary Fund

No 2016/340, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2016 Article IV Consultation highlights growth in the Cambodian economy of about 7 percent in 2015, supported by strong garment exports, real estate and construction activity, and a reduction in oil prices. Inflation unexpectedly picked up at the end of 2015, to 2.8 percent, owing to higher food prices following extreme weather, but it remains well contained. Private sector credit growth has averaged nearly 30 percent over the past three years, doubling the credit-to-GDP ratio to 62 percent by the end of 2015. The near-term outlook remains broadly favorable. Growth is projected to remain robust at about 7 percent for 2016–17, supported by strong garment exports and real estate and construction activity.

Keywords: ISCR; CR; credit growth; debt; real GDP; authority; dollar; growth outlook; IMF-World Bank FSAP mission; IMF article IV consultation; IMF staff share policy; Credit; Public investment and public-private partnerships (PPP); Global; Asia and Pacific; Europe; East Asia (search for similar items in EconPapers)
Pages: 76
Date: 2016-11-03
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=44370 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2016/340

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi (amodi@imf.org).