Cambodia’s outstanding external debt reached more than $9.18 billion as of the first half of 2021 and is expected to reach more than $10 billion by the year’s end, an increase from $8.8 billion at the end of 2020.
Oxfam has urged the Cambodian government to ensure that a $240million debt-free fund announced by the International Monetary Fund (IMF) to support Cambodia’ economic recovery is used to benefit all Cambodians affected by COVID-19.
As more former CNRP officials split to form a new party for the upcoming election, political observers are cautioning that quality beats quantity when it comes to building a competitive opposition.
The UK-based Fitch Ratings credit rating agency has downgraded Cambodia’s economic outlook below the World Bank’s baseline forecast of 4 percent GDP growth for 2021 as the country continues to struggle with the economic shock of the COVID-19 pandemic.
A new report examining the participation of women in politics within a single-party Cambodian state has found that male violence remains a key barrier to entry.