Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen said Cambodia is expected to ensure a positive growth of around 3 percent in 2021 and above 5 percent in 2022.

The Premier shared the expectation here this morning at the official handover ceremony of 523,000 doses of COVID-19 AstraZeneca vaccine, donated by Hungary to Cambodia.

According to Samdech Techo Hun Sen, the high vaccination coverage rate has allowed Cambodia to reopen the country, and maintain full socio-economic activities in all areas, despite the continuation of the spread in the community. Cambodia is expected to be able to restore and stimulate economic growth, by improving key economic drivers affected by COVID-19 and finding new potential drivers from other sectors.

As of Mar. 17, about 92.34 percent of the total 16 million Cambodian population have been inoculated against the COVID-19 pandemic with the basic doses.

At the same time, Samdech Techo Hun Sen also expressed his concern over the impact of Ukraine-Russia conflict on the forecast. “Uncertainties remain alarmingly high due to the emergences of various challenges. Particularly, the Ukraine-Russia conflict is likely to have a negative impact on global and Cambodia’s economic growth should the conflict continue. In this regard, Cambodia has been closely monitoring these challenges, in order to be able to prepare policy and introduce necessary intervention in a timely manner,” he underlined.

Cambodia has put all efforts to fight against COVID-19 and its impact, and committed to ensuring the economic growth after suffering from the pandemic since 2020.

Source: Agency Kampuchea Press