Economic outlook improves for Cambodia

Fri, 9 Oct 2009
ABC Radio Australia

Cambodia says its foreign currency reserves have risen above two and a half billion US dollars, despite forecasts that the country's economy would contract this year.

Prime Minister Hun Sen says his country has increased its international reserves by more than 20 per cent since the end of 2008.

His comments came during a speech marking the 30th anniversary of the rebuilding of the country's national bank, which was destroyed by the Khmer Rouge.

Posted in: Khmer News