PHNOM PENH: Cambodia's economy is likely to shrink between 1% and 2.9% this year, its worst performance in a quarter of a century, with the global effects of the coronavirus taking a toll on its key growth drivers, the World Bank said on Saturday (May 30).
The pandemic will put at risk 1.76 million Cambodian jobs from losses in tourism, manufacturing and construction, which together account for more than 70 per cent of growth and almost 40 per cent of employment, the bank said in its latest report.
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