Cambodia's economy projected to return to positive growth in 2021 as Covid-19 new cases continues to soar, total now above 17,500

An aerial view of central Phnom Penh showing numerous high-rise buildings.- Phnom Penh Post/ANN

PHNOM PENH, May 6 (Xinhua): The Cambodian economy is expected to return to positive growth in 2021 after experiencing a contraction last year, the ASEAN+3 Macroeconomic Research Office (AMRO) said in a press statement on Thursday.

"Despite disruptions in domestic activity due to the recent lockdown, the Cambodian economy is projected to grow by 4 percent in 2021, led by a robust recovery in manufacturing and supported by continued fiscal stimulus," AMRO lead specialist Seung Hyun Hong said in the statement.