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 th...

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Библиографические подробности
Соавтор: International Monetary Fund
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2009.
Серии:IMF Staff Country Reports; Country Report ; No. 2009/047
Online-ссылка:Full text available on IMF
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520 3 |a 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. 
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