"/>

国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

High growth in Cambodia expected to continue: World Bank
Source: Xinhua   2018-05-10 17:12:42

PHNOM PENH, May 10 (Xinhua) -- Economic growth in Cambodia remains robust and is projected to accelerate slightly to 6.9 percent in 2018, compared with 6.8 percent in 2017, buoyed by a rebound in textile and apparel exports as well as tourism and agriculture, says a new World Bank report on Thursday.

Rising government spending and favorable global conditions, including robust demand in advanced economies, are expected to underpin Cambodia's high growth trajectory, said the bank's latest Cambodia Economic Update.

Risks remain, however, and they include erosion of export competitiveness due to rapidly rising real wages, a buildup of vulnerabilities from a prolonged real estate and construction boom, potential election-related uncertainty, and periodic jolts of protectionism and escalating trade disputes between the world's largest trading nations.

"To maintain strong growth, it is essential that Cambodia invests more in education and skills training while addressing the constraints facing small and medium businesses," Inguna Dobraja, World Bank country manager for Cambodia, said in a press release.

"Investing in people is the best for a more prosperous future," she said.

The report also recommends Cambodia to closely monitor the construction and real estate boom by developing macro-prudential policies that help reduce the scope for speculative activities.

Tourist arrivals accelerated to 11.8 percent in 2017, compared with 5 percent in 2016, thanks to the authorities' efforts to establish more regional flights, including to China, an important market for tourism, the report said.

The agriculture sector also rebounded, with expansion of rice and rubber plantations and the gradual recovery of agricultural commodity prices.

Editor: Yurou
Related News
Xinhuanet

High growth in Cambodia expected to continue: World Bank

Source: Xinhua 2018-05-10 17:12:42
[Editor: huaxia]

PHNOM PENH, May 10 (Xinhua) -- Economic growth in Cambodia remains robust and is projected to accelerate slightly to 6.9 percent in 2018, compared with 6.8 percent in 2017, buoyed by a rebound in textile and apparel exports as well as tourism and agriculture, says a new World Bank report on Thursday.

Rising government spending and favorable global conditions, including robust demand in advanced economies, are expected to underpin Cambodia's high growth trajectory, said the bank's latest Cambodia Economic Update.

Risks remain, however, and they include erosion of export competitiveness due to rapidly rising real wages, a buildup of vulnerabilities from a prolonged real estate and construction boom, potential election-related uncertainty, and periodic jolts of protectionism and escalating trade disputes between the world's largest trading nations.

"To maintain strong growth, it is essential that Cambodia invests more in education and skills training while addressing the constraints facing small and medium businesses," Inguna Dobraja, World Bank country manager for Cambodia, said in a press release.

"Investing in people is the best for a more prosperous future," she said.

The report also recommends Cambodia to closely monitor the construction and real estate boom by developing macro-prudential policies that help reduce the scope for speculative activities.

Tourist arrivals accelerated to 11.8 percent in 2017, compared with 5 percent in 2016, thanks to the authorities' efforts to establish more regional flights, including to China, an important market for tourism, the report said.

The agriculture sector also rebounded, with expansion of rice and rubber plantations and the gradual recovery of agricultural commodity prices.

[Editor: huaxia]
010020070750000000000000011100001371698501
主站蜘蛛池模板: 武清区| 淮安市| 金门县| 安泽县| 清新县| 成安县| 田东县| 耿马| 勃利县| 梅州市| 东平县| 华安县| 封丘县| 保德县| 邯郸县| 正宁县| 县级市| 科尔| 五家渠市| 常州市| 鸡西市| 吉隆县| 漳平市| 都兰县| 高尔夫| 平利县| 天津市| 梁山县| 电白县| 成武县| 东源县| 绍兴县| 乌拉特前旗| 二手房| 于田县| 盐源县| 三台县| 九龙城区| 汨罗市| 大化| 应城市|