IMF Says Cambodia to Reach 7.5% Growth in Medium Term

The International Monetary Fund said it expects economic growth in Cambodia to reach its potential of 7.5 percent in the medium term.

The Washington-based IMF forecast growth of 6.7 percent this year, up from an estimated 6.5 percent in 2012, in its annual assessment of the country’s economy published today.

“This outlook is subject to considerable risks, stemming from the fragility of the global economy and domestic factors, including potential labor market instabilities and extreme weather,” the IMF said in a statement released today following a Dec. 3 board meeting.

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