A Change of Guard

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Wednesday, 20 June 2012

Cambodia central bank to raise 2012 GDP outlook

June 20, 2012,
By Oranan Paweewun 
BANGKOK--The National Bank of Cambodia is planning to revise up 2012 gross domestic product growth forecast from 7.0% at present, due to a recovery in the country's real estate sector and agricultural products prices, Deputy Governor Neav Chanthana said Wednesday.
Inflation isn't a concern for the central bank, which is projecting a 5% inflation rate this year, she told reporters on the sidelines of the Greater Mekong Investment Forum in Bangkok.

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