Cambodia's economy recovers well in 2022, with better growth forecast for next year

PHNOM PENH, Dec 17 (Xinhua): Cambodia's economy has recovered well from the impact of Covid-19 in 2022, with better performance being expected for 2023,said a government official recently.

Thanks to rising global demand, foreign investors' confidence, and a full reopening of borders, Cambodia is expected to see 5.4 per cent economic growth this year and 6.6 per cent next year, said Economy and Finance Minister Aun Pornmoniroth during a 2023 budget law debate in late November.