A Change of Guard

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Wednesday 14 December 2011

Cambodia expects 7% growth in 2011: premier

AsiaOne.com
Wednesday, Dec 14, 2011

PHNOM PENH (AFP)- Cambodian Prime Minister Hun Sen (pictured) on Wednesday said the country's economy would grow by about seven per cent in 2011 despite the agricultural damage caused by unusually heavy flooding.

Cambodia's deadliest floods in over a decade, triggered by heavy rains in August and September, killed at least 247 people and destroyed nearly one tenth of the nation's rice paddies.

"I would like to confirm that although the agricultural sector growth is at zero per cent, Cambodia's economic growth rate will be around seven per cent this year," Hun Sen said during a graduation ceremony in Phnom Penh.

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