IMF Shows Growth Rate at 6.5 Percent
Garment exports expanded by 14 percent, and tourism grew by 27 percent, the IMF estimated.
The garment sector employs more than 350,000 workers.x
The garment sector employs more than 350,000 workers.
Kong Sothanarith, VOA Khmer
06 October 2012
PHNOM PENH - Cambodia's economic growth reached 6.5 percent so far this year, thanks to garment exports, tourism and a recovery in construction, the International Monetary Fund said Friday.
Garment exports expanded by 14 percent, and tourism grew by 27 percent, the IMF estimated.
The fund recommended Cambodia improves economic diversification and better bring in taxes and other money to improve and maintain its infrastructure.