IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2025-022.html
   My bibliography  Save this paper

Cambodia: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia

Author

Listed:
  • International Monetary Fund

Abstract

The 2024 Article IV Consultation highlights that Cambodia’s economy has continued to recover, albeit at a modest pace. The sharp slowdown in credit growth has exposed the economy to increased financial sector vulnerabilities. Policy formulation must ensure a durable and inclusive recovery in the near term and achieving development goals over the medium term. Real gross domestic product growth is projected at 5 3/4 percent in 2025, up from 5 1/2 percent in 2024, supported by the continued recovery in exports and tourism. The neutral stance is appropriate in the near term, while a gradual and high-quality consolidation to build buffers is critical over the medium term. Monetary policy needs to resume normalization at a calibrated pace, with a focus on ensuring financial stability and supporting de-dollarization. Structural reforms need to focus on diversifying growth drivers. Strengthening governance frameworks to improve transparency and enhancing the institutional capacity to address data limitations will lend support to structural transformation.

Suggested Citation

  • International Monetary Fund, 2025. "Cambodia: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cambodia," IMF Staff Country Reports 2025/022, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2025/022
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=561261
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:2025/022. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.