Cambodia and ADB
In the Spotlight
Following a very strong economic performance last year, Cambodia will likely see moderate, but still robust, growth, with the economy expected to expand about 7% this year and 6.8% next year, according to a new ADB report.
This publication summarizes the diverse pollutants and their sources that are harming the natural environment and people’s well-being in the Greater Mekong Subregion.
In recent years, Cambodia has moved closer to lower-middle-income status through resounding economic growth. This has been driven by solid performances in garment manufacture, tourism, paddy and milled rice, and construction. While this growth is expected to continue in 2016, the economy remains vulnerable to external shocks and natural disasters. Although the poverty rate fell between 2007 and 2012, from about 50% to below 20%, more than 70% of Cambodians still live on less than $3 a day, which means that many of them remain vulnerable to falling back into poverty.
Under the country partnership strategy for 2014–2018, ADB will continue to support the government’s economic reform priorities and help promote inclusive growth.
Cambodia is a member of the Greater Mekong Subregion (GMS).
Projects in Cambodia
- Strengthening Human Resources and Leadership for Education
- Support for Human and Social Development in Southeast Asia
- Support for Innovation and Technology Partnerships in Asia and the Pacific
- Strengthening Financial Management in Asia and the Pacific, Phase 2
- Strengthening Safeguards Management in Southeast Asia