European Parliament Library

Cambodia :, 2008 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

This staff report for Cambodia’s 2008 Article IV Consultation describes economic developments and policies. Growth is slowing, liquidity is tightening, and, as a result, banks’ balance sheets are coming under strain. Competitiveness has eroded given the recent sharp real appreciation of the Cambodian riel and U.S. dollar. The immediate risks to Cambodia arise from liquidity shortages among banks owing to a sharp slowing in external inflows and deposit growth. Bank lending has moderated, construction activity has slowed, and property prices, after reaching historic peaks, appear to be declining
Table Of Contents
Cover; Contents; Executive Summary; I. Macroeconomic and Financial Developments; Boxes; 1. Effects of the Global Crisis; 2. Global Volatility and Bank Vulnerabilities; II. Outlook and Risks; III. Policy Discussions; A. Fiscal Policy; 3. 2009 Budget-Fiscal Impulse; B. Monetary and Exchange Rate Policy; C. Banking Sector Issues; D. Competitiveness and Sustainability; 4. Exchange Rate Assessment and External Stability; IV. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2005-09; 2. Balance of Payments, 2005-09; 3. General Government Operations, 2005-09; 4. Monetary Survey, 2006-09
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (63 p.)
Specific Material Designation
Form Of Item

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