Reserve Hike Worrying For Economic Activity

July 2008
Asia Monitor: South East Asia Monitor Volume 1;Jul2008, Vol. 19 Issue 7, p6
Country Report
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.


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