​Finances still a concern | Phnom Penh Post

Finances still a concern

Business

Publication date
21 January 2010 | 08:00 ICT

Reporter : Steve Finch

More Topic

Construction of one of Olympia City’s towers by the Olympic Stadium.

THE World Bank warned Monday that Cambodia’s prospects for economic recovery will be largely dependent on the environment for international bank lending. In a new report on financing in the developing world, the Washington-based organisation maintained that the Kingdom experienced a GDP contraction of 2.2 percent last year with a projected 4.2 percent growth for 2010. Fiscal space remained limited in Cambodia and Laos, it added. The Kingdom experienced a narrowing of credit in the first quarter of last year.

Contact PhnomPenh Post for full article

Post Media Co Ltd
The Elements Condominium, Level 7
Hun Sen Boulevard

Phum Tuol Roka III
Sangkat Chak Angre Krom, Khan Meanchey
12353 Phnom Penh
Cambodia

Telegram: 092 555 741
Email: [email protected]