PM: economy is resilient
The Cambodian economy continues to be resilient in the midst of global uncertainty, with a healthy GDP growth of seven percent, and with further prospects for improvement, said Prime Minister Hun Sen in his Khmer New Year address to the nation on April 12. “Despite all the challenges – both internal and external – our economy has done well with low inflation, good growth and a stable exchange rate for the riel,” said Mr. Hun Sen. “Our per capita income increased from $1,215 in 2015 to $1,300 in 2016 while our international trade keeps increasing year-on-year despite the global economic downturn,” he added. Mr. Hun Sen said the country’s seven percent GDP growth was backed by the growth in the construction, tourism, trading, services and agricultural sectors.
