Wednesday, November 18, 2009

Recent Macro-economic Performance

The overall recent economic performance has been characterized by balanced contributions from agriculture, manufacturing, construction, tourism and services. Despite the gobal dowturn, the Cambodia economy remains in good shape underpined by a continue increase in investment in agriculture, broad base development of non-agriculture sectors, political stability, active private sector participation, reform efforts, increased official development aids and sustained foreign direct investment. According to the Circular on the Preparation of Budget Strategic Plan 2010 of the Royal Government of Cambodia, the economy still manages to grow around 2 percent and 3 percent in 2009 and 2010 respectively. These figures are tentative and based on conservative estimations.

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