By Chun Sakada, VOA Khmer
Original report from Phnom Penh
The World Bank said Wednesday that Cambodia’s economy is expected to grow around 4.4 percent this year, signaling a recovery from the economic crisis and a recession in 2009.
A World Bank economist told VOA Khmer Wednesday that growth could climb as high as 6 percent in 2011, a rate that would be close to the galloping growth the country experienced in the years preceding the global downturn.
“Recorded agri-business exports more than doubled, especially in milled rice and rubber exports, year-on-year air tourist arrivals stopped declining, imports of consumer goods stabilized, and both domestic credit and inflows of foreign direct investment began rebounding,” the World Bank said in a statement Wednesday.
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