Growth Outlook Worsens

March 2009
Asia Monitor: South East Asia Monitor Volume 1;Mar2009, Vol. 20 Issue 3, p6
Country Report
The article reports on the economic outlook of Cambodia for 2009. According to a report from Business International Monitor (BMI), the country's government has estimated its economy to expand by about 7.0% in 2008 as it came under pressure from falling property values and collapsing external demand. Moreover, BMI expects a 5.2% slow economic growth in 2009 as the country's authorities struggle from the global financial crisis.


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