ADB maintains its forecast for Cambodia’s economy to shrink by 4% by 2020

ADB maintains its forecast for Cambodia's economy to shrink by 4% by 2020, Cambodia Time

The Asian Development Bank (ADB) in late December 2020 released its December supplementary report, keeping its forecast for the Cambodian economy to shrink by 4% at 2020 as the same as the September forecast. But for 2021, the ADB has cut its forecast slightly, with the latest forecast that Cambodia’s economy will grow by 5.4 percent next year, up from …