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Indonesia: Fragile Democracy

Indonesia: Fragile Democracy

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IMF impressed with Cambodia's progress

The International Monetary Fund has called on Cambodia to continue to put in place recommended guidelines for economic stabilization.

In its annual review of Cambodia's economy, the IMF said the nation had "made significant strides in the first two years of the government's reform program."

It said economic stabilization, in a program supported by the Poverty Reduction and Growth Facility, had "generally been in line with expectations.

The fund noted Cambodia's five percent growth rate for 2000-1 despite severe flooding the first year and a global economic slowdown in the second.

02/03/2002 19:46:35 | ABC Radio Australia News

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