Cambodia's foreign currency reserves have exceeded $1 billion - a nine-times increase
since 1994 - because of sustained economic growth, Prime Minister Hun Sen said on
February 27. He also said Cambodia's annual per capita income rose to $500 last year,
and attributed both factors to reforms implemented by the government.
The Cambodian economy, fueled largely by the garment industry, has grown on average
9.5 percent a year since 1999, according to statistics. Last year's growth was 10.4
percent, lower than the 13.5 percent in 2005 but still one of the highest rates in