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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


Full Text
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
License