Thursday, 20 January 2011
By May Kunmakara
The Phnom Penh Post
By May Kunmakara
The Phnom Penh Post
Prime Minister Hun Sen has said that Cambodia’s GDP grew by 5.5 percent in 2010, an 0.5 percent rise compared to a projection he made earlier last year.
The International Monetary Fund, World Bank, Asian Development Bank, and Economic Institute of Cambodia, have projected the economy grew by 4.8 percent, 4.9 percent, 5 percent and 6.5 percent respectively last year.
“2010 was a good year for Cambodian economy, with a significant growth of approximately 5.5 percent, attributed to the growth in tourism, agriculture and garments,” said the premier, during the official opening of the ASEAN Tourism Forum, held in Phnom Penh on Tuesday night.
In March, the prime minister predicted 2010 GDP would rise by 5 percent.
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The International Monetary Fund, World Bank, Asian Development Bank, and Economic Institute of Cambodia, have projected the economy grew by 4.8 percent, 4.9 percent, 5 percent and 6.5 percent respectively last year.
“2010 was a good year for Cambodian economy, with a significant growth of approximately 5.5 percent, attributed to the growth in tourism, agriculture and garments,” said the premier, during the official opening of the ASEAN Tourism Forum, held in Phnom Penh on Tuesday night.
In March, the prime minister predicted 2010 GDP would rise by 5 percent.
Please click here to read more...
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