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Cambodia Economic Update : Recent Economic Developments and Outlook (Jemer)

Economic growth remains strong, driven primarily by robust expansion in consumption and exports. Domestic demand has been boosted by higher wage growth and larger public investments, with fiscal expansion serving as stimulus. Public outlays were budgeted to increase to 24.6 percent of GDP in 2018 from 23.1 percent in 2017. At the same time, strong external demand has boosted exports of garment and footwear products, which increased 16.1 percent (y/y)...
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