Cambodia's Economic Growth Slows to 3% Amid Tourism Slump, High Energy Costs: IMF
Economy

Cambodia's Economic Growth Slows to 3% Amid Tourism Slump, High Energy Costs: IMF

The IMF forecasts Cambodia's economic growth to slow sharply to 3% in 2024, citing a slump in tourism, higher energy costs, and falling remittances. The ADB also cut its growth projection. Inflation risks are on the upside, with concerns over scam activities impacting investment and tourism.

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