By May Kunmakara
The Phnom Penh Post
PM tells officials to keep prices stable and fight bureaucracyPRIME Minister Hun Sen has called for the government to reduce its trade deficit by increasing exports in a speech at the launch Thursday of the new Ministry of Commerce building in Phnom Penh.
Following a year in which Cambodia saw an 18.2 percent drop in exports, the prime minister said that all departments of government could help improve the deficit, which fell 14 percent last year due in part to the economic crisis.
“I am calling for you to concentrate on enhancing supply and export capacity, and to reduce trade deficits,” he told about 1,000 gathered government officials at the event. “By helping to facilitate trade, through keeping prices stable and reducing bureaucracy, we can ease the export process.”
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