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Cambodia: Impact of the COVID-19 pandemic

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Frame of Image tion IMF | Asia and Pacific Department 4 Robust Revenue Performance amid spending pressures IMF | Asia and Pacific Department 5 DSA: Low Risk of External Debt Distress Cambodia: External Public Debt Other bilateral China Other multilateral WB ADB 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2018 33 32 (in percent of GDP) 31 30 29 28 27 26 25 Period average IMF | Asia and Pacific Department 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 6 Worsening External Position IMF | Asia and Pacific Department 7 Elevated Financial Sector Vulnerabilities IMF | Asia and Pacific Department 8 II. Impact of the COVID 19 Pandemic IMF | Asia and Pacific Department 9 Cambodia seems to be successful in containing the virus so far…. IMF | Asia and Pacific Department 10 … while Cambodia’s health system is under prepared for the pandemic…. IMF | Asia and Pacific Department 11 Cambodia has been well connected to global economy through trade, FDI and… IMF | Asia and Pacific Department 12 Also through tourism and remittances … IMF | Asia and Pacific Department 13 Thus, Cambodia is not immune to the global economic slowdown. • Tourism: significant slowdown in global and regional travelers. • Trade: weak external demand and transportation disruptions. Partially offset by lower oil imports. • FDI: FDI flows could be slowed, but the ongoing construction projects will continue albeit at a slower pace. • Lower remittances: Cambodian workers in Thailand are returning as borders close. • Domes


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Title Cambodia: Impact of the COVID-19 pandemic
Similar Titles
Material Type Report
Author(English)

Yasuhisa Ojima

Publisher

International Monetary Fund (IMF)
Date 2020-07
Event Workshop on ASEAN-India macroeconomic policy and development cooperation
Subject Country Cambodia(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Macroeconomics
Holding KDI School of Public Policy and Management
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