Cambodian govt income hits 20-year high in 2019

Cambodian workers eat lunch outside a Chinese-operated factory in the Chinese-managed Special Economic Zone (SEZ) in the city of Sihanoukville, Cambodia. The Cambodian government's fiscal revenues from tax, customs and excise hit a 20-year record last year, exceeding the target and rising nearly a third year-on-year, the Khmer Times has reported. - Reuters

PHNOM PENH: The Cambodian government's fiscal revenues from tax, customs and excise hit a 20-year record last year, exceeding the target and rising nearly a third year-on-year, the Khmer Times has reported.

According to figures from the Ministry of Economy and Finance, the revenue was US$6.03bil, representing about 90% of the budget in 2019.