TITLE

Economic Slowdown In 2003

PUB. DATE
June 2004
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jun2004, Vol. 15 Issue 6, p6
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
Economic growth in Cambodia slowed during to 5.0% 2003 compared with 5.5% in 2002, marking the fourth consecutive year of slowdown. Main causes of the slower-than-expected growth in 2003 were the anti-Thai riots and the outbreak of Severe Acute Respiratory Syndrome in the first half of the year, which led to an 11% fall-off in tourism. Growth was, however, supported by a 23% expansion in exports, which was driven by the continued impressive performance of the garment sector, with garment exports hitting US $1.6bn, or 80% of total exports.
ACCESSION #
13236010

 

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