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Mekong Strategic Capital said Cambodia’s economy has bottomed out after two years and the medium-term outlook is positive, thanks to booming exports, a more diversified manufacturing sector and rising tourism revenue.
The Phnom Penh-based investment advisory firm said in its August economic snapshot that it also expects continued investment in infrastructure by the new government formed last year to support economic growth.
The report said Prime Minister Hun Manet’s government “continues to impress but needs to consider additional fiscal stimulus measures”, and stressed the need to help small farms – where most people are employed – to expand or move out of the agricultural sector.
full text: https://www.theasset.com/article/52284/cambodias-mid-term-outlook-positive-after-two-year-slowdown-
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