Cambodia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia

International Monetary Fund

No 2017/325, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2017 Article IV Consultation highlights 6.9 percent expected growth in Cambodia’s economy in 2017, with moderating private investment offset by higher public spending and robust construction and tourism activities. Headline inflation rose to 3 percent in 2016 and 3.5 in the first half of 2017, driven mainly by higher food and energy prices. Overall credit growth has slowed, owing in part to policy measures. Real estate sector–related bank credit growth, however, remains strong, supported by demand for housing from Cambodia’s young and growing middle-income population. Real GDP growth is projected to remain robust over the next few years.

Keywords: ISCR; CR; Cambodia; debt; authority; credit growth; headline inflation; IMF-World Bank FSAP mission; IMF article IV consultation; AsDB Cambodia Country Partnership Strategy; IMF staff share policy; Public investment and public-private partnerships (PPP); Credit; Financial sector development; Global; East Asia; Asia and Pacific (search for similar items in EconPapers)
Pages: 75
Date: 2017-10-20
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