Cambodia: Staff Report for the 2006 Article IV Consultation

International Monetary Fund

No 2006/264, IMF Staff Country Reports from International Monetary Fund

Abstract: Cambodia achieved macroeconomic stability underpinned by prudent fiscal and monetary policies. Executive Directors commended this development. They welcomed the National Strategic Development Plan for reducing poverty, enhancing physical infrastructure, and improving social services. They appreciated the public financial management reform program, and encouraged to hasten the program’s implementation by introducing the new Chart of Accounts for the budget and by rationalizing government bank accounts. They stressed the need to improve governance to enhance the business environment and strengthen revenue collection.

Keywords: ISCR; CR; government; GDP; reform program; governance; poverty eradication effort; conducive government policy; state land management; expenditure objective; Australia and New Zealand; Europe; Global (search for similar items in EconPapers)
Pages: 68
Date: 2006-07-20
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