Economic ideology

US homemade balloon lands, but six-year-old boy still missing

A homemade flying saucer-shaped balloon in which it was feared a six-year-old boy could have been trapped has been found to be empty after it landed in a field in Colorado following a desperate chase through the skies.The silver, car-sized craft reportedly came untethered from the garden of the man who had constructed it. Reports named him...
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Latest speeches

Keynote Address​by​Deputy Prime Minister KEAT CHHON, Minister of Economy and Finance, Representative of Samdech Akka Moha Sena Padei Techo HUN SEN, Prime Minister of the Kingdom of Cambodia at the 2009 Economic Freedom Network Asia International Conference on “Overcoming the Global Financial and Economic Crisis: The Rule of Law as the Key to Economic Freedom?”, Siem Reap, 9 October 2009

Recent Macro-economic Performance

The overall recent economic performance has been characterized by balanced contributions from agriculture, manufacturing, construction, tourism and services. Despite the gobal dowturn, the Cambodia economy remains in good shape underpined by a continue increase in investment in agriculture, broad base development of non-agriculture sectors, political stability, active private sector participation, reform efforts, increased official development aids and sustained foreign direct investment. According to the Circular on the Preparation of Budget Strategic Plan 2010 of the Royal Government of Cambodia, the economy still manages to grow around 2 percent and 3 percent in 2009 and 2010 respectively. These figures are tentative and based on conservative estimations.