(Illustrative photo) |
In its World Economic Outlook released earlier this week, IMF predicted Vietnam’s 2022 economic growth at 7.2 percent, followed by the Philippines (6.5 percent), and Malaysia and Cambodia (both 6 percent).
Cambodia is forecast to become the fastest growing one in the region in 2026, with GDP expansion of 6.8 percent.
A report by the IMF’s Asia-Pacific Unit acknowledged Cambodia’s initiatives on vocational training and giving money to poor households to cope with impacts of the COVID-19 pandemic.