The National Bank of Cambodia plans to tighten its money supply in a move to fight run away inflation that continues to inflict the Cambodia economy according to the Phnom Penh Post.
The plan is to double reserves to 16 percent from 8 percent which complies with the International Monetary Fund (IMF) recommendation.
Some believe the Cambodian economy is experiencing an inflation rate as high as 30 percent even though the Cambodian government has not released Consumer Price Index (CPI) number since March. See Cambodia Government Opposition Accuses Current Administration of Lying
Cambodia Economy cambodian economy cambodian government cambodia government cambodia inflation consumer price index international monetary fund imf national bank of cambodia
2 responses so far ↓
1 chetra // Jul 16, 2008 at 8:03 am
how can i believe that ur information is accurate?
2 cbs // Jul 16, 2008 at 6:34 pm
All information on Cambodia Blogspot is referenced within each post. Thank you for your question.
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