Downside Risks To 2009 And 2010 Growth

November 2009
Asia Monitor: South East Asia Monitor Volume 1;Nov2009, Vol. 20 Issue 11, p6
Country Report
The article forecasts the economic condition of Cambodia for 2009-2010. It indicates downside risks to the country's projected real gross domestic product (GDP) growth of 0.5% in 2009 and 4.9% in 2010 as the export-focused garment industry has been hit by the global economic downturn. It predicts GDP exports to fall by 7.0% in 2009 to 3.85 billion US dollars. Moreover, domestic demand is expected to achieve an insufficient marked recovery.


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