World Bank forecasts Cambodia's economic growth to improve to 5.8% in 2024, driven by services and goods exports.
The World Bank forecasts Cambodia's economic growth to improve to 5.8% in 2024, up from 5.4% in 2023, driven by the revival of services and goods export as global trade recovers. Cambodia's growth is projected to reach 6.1% in 2025. The country's strong connections with China in trade and investment could facilitate foreign direct investment flows from China to Cambodia through the Cambodia-China Free Trade Agreement.
April 01, 2024
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