Cambodia: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia

Author: International Monetary Fund. Asia and Pacific Dept

Volume/Issue: Volume 2025 Issue 022

Publication date: January 2025

ISBN: 9798400299711

$20.00

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Topics covered in this book

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Exports and Imports , Finance , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , Bank credit , Contingent liabilities , Financial sector stability , Macroprudential policy , Credit , Debt sustainability analysis , Imports , Exports , External sector statistics

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Summary

Cambodia’s economy is at a crossroads. While the economic recovery continues, its pace remains uneven. The sharp slowdown in credit growth has exposed the economy to increased financial sector vulnerabilities. Policy formulation must ensure a durable and inclusive recovery in the near term and achieving development goals over the medium term. The path forward will require a refocus on more resilient and diversified growth drivers, with the graduation from Least Developed Country (LDC) status expected by 2030.