A Change of Guard

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Monday 19 August 2013

Cambodia says economy stable amid ongoing political dispute

Xinhua | 2013-8-19 
By Agencies
Cambodia's economy is stable even though political tension between the ruling party and the opposition party over the disputed election results is still going on, deputy prime minister and finance minister Keat Chhon said Monday.

"All trade and economic activities have worked as usual. I do believe that the political row will not affect the economy this year," he told reporters at the Finance Ministry. "Economic and political situation has stability under the leadership of Prime Minister Hun Sen."

The minister predicted that the economy would grow by 7.6 percent this year thanks to the increases in garment exports, tourism, construction and real estate, and agriculture.

The country held a general election on July 28. Initial results showed that the ruling Cambodian People's Party (CPP) of long- serving Prime Minister Hun Sen won the poll with 68 seats of the 123 parliamentary seats, while the opposition Cambodia National Rescue Party (CNRP) of longtime opposition leader Sam Rainsy received the remaining 55 seats.

But the CNRP rejected the results, claiming serious irregularities during the poll. It said the party should win 63 seats, with the CPP getting the remaining 60 seats if an independent committee is set up to look into alleged poll irregularities.

The party has requested an independent committee that excludes the participation from the current National Election Committee ( NEC).

However, the CPP has rejected such request, saying that no any joint poll probe committee will be formed without the NEC's involvement because it is against the law.

According to the constitution, a new parliament will be established no later than 60 days after the election.

CNRP's Vice President Kem Sokha said last Thursday that the party would boycott the first parliamentary session and called for a mass protest if the proposed committee is not established to investigate poll fraud.


Keat Chhon expressed his optimism that a new parliament and a new government will be formed as scheduled and called for the opposition to comply with the country's constitution and laws in effect.

"No one can prevent the implementation of Cambodia's constitution and laws," he said. "Any attempt to carry out democracy against Cambodian laws will lead to the destruction of individuals, parties and the nation."

Prime Minister Hun Sen said on August 2 that a new parliament and a new government would be established as scheduled despite the opposition's boycott.

According to the constitution, he said, a new government would be formed by a 50 percent plus one majority, or 63 lawmakers, in the new parliament.

Hun Sen will continue to rule the country for another five years through the election outcome.

1 comment:

Anonymous said...

More and more Cambodian people have to move away from their families, their wives, their husbands, their children to other true democratic countries in order to find works. This indicates that Cambodia's economy is UNSTABLE.