Wednesday, February 24, 2010

Contention, as Government Touts ’09 Growth

By Ros Sothea, VOA Khmer
Original report from Phnom Penh
23 February 2010

Cambodian officials and independent analysts found themselves at odds last week on whether the country’s economy grew or shrank last year.
At an annual meeting of the Cambodian Economic Association on Saturday, Hang Chuon Naron, secretary-general of the Ministry of Finance, announced the economy had maintained a sliver of growth in 2009, about 0.1 percent.
The estimate was preliminary, with results expected in mid 2010, but the agricultural, financial and service sectors had helped create the positive growth, Hang Chuon Naron said.

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