Wednesday, April 10, 2013

ADB Predicts 7.2 Percent Economic Growth in 2013

The Asian Development Bank (ADB) on Tuesday upgraded its calculation of economic growth in Cambodia last year to 7.2 percent, though warned that stagnating child malnutrition rates were a significant threat to the country’s long-term development.

In its annual evaluation of econ­omies in the Asia Pacific region, the ADB’s evaluation of Cambodia’s economic growth in 2012 marked a steep rise from an October prediction of 6.4 percent. Looking forward, the ADB predicted 7.2 percent growth this year and 7.5 percent growth in 2014.

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