TITLE

Reserve Hike Worrying For Economic Activity

PUB. DATE
July 2008
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jul2008, Vol. 19 Issue 7, p6
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an economic outlook for Cambodia in 2008. It mentions that the government has decided to double the reserve requirement for private banks in a bid to reduce liquidity in the economy and tame inflation. However, the aggressive tightening of monetary conditions threatens to affect sharply economic growth as reduced bank lending risks strangling domestic investment.
ACCESSION #
32731813

 

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