Valid Indicators of Cambodia’s Growth

Higher living standard and improved physical infrastructure as well as public services have been echoed as indicators of Cambodia’s current right development path.

Lieutenant Colonel Huy Phalla working at Preah Ket Mealea Hospital here in Phnom Penh deeply appreciates what she and her family have these days.

Since the 1980s, salaries of civil servants have increased significantly to over one million Riel (about US$250) now. Unlike before, I also own good home and means of transports, she says.

An employee of private company Ms. Kung Sotheary confirmed improved income beyond the boundary of civil servants. She is now living a decent life with handsome amount of monthly wage.

In terms of infrastructure, she compares that before it took her from dawn till dusk to travel from Phnom Penh to Preah Sihanouk province along only 270 kilometre road, while she has to spend less than half a day now to reach the same destination.

There are now many schools, hospitals, recreational sites, and other infrastructures that contribute vitally to much more convenient living, she continues.

Mrs. So Sophal, a housewife in Khan Chbar Ampov of Phnom Penh repeats the views, adding her impression of skyscrapers, big roads and bridges, as well as better public services such as access to utilities, public health care, and beyond.

For Mrs. Chhoy Danet, another staff at a private company, she appreciates having transforming her and her husband’s lives from subsistence farmers to formal workers with regular wages.

These changes did not happen accidentally, but they take place with visionary strategy and hard work of the Royal Government of Cambodia.

Thanks to the endeavours, gross domestic per capita of Cambodia increased from US$288 in 2000 to US$1,563 in 2018, and is expected to rise to US$1,706 this year.

Cambodia’s poverty rate, moreover, dropped from 53.2 percent in 2004 to 13.5 percent in 2014, and was projected to get lower to 10 percent this year.

Under the current leadership, the Royal Government of Cambodia is ambitious to transform the country into an upper middle-income economy by 2030 and a high-income nation by 2050.

The above-listed views are valid indicators to affirm that the Royal Government is on the right track.

Source: Agency Kampuchea Press