| English.news.cn 2013-07-24 18:47:05 |
   
 
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PHNOM PENH, July 24 (Xinhua) -- Cambodia's economy would grow by 7.6
percent this year, driven by garment exports, agriculture, tourism and
construction, according to a preliminary prediction by the Ministry of
Economy and Finance on Wednesday.
The ministry said that the GDP volume would be around 15.19 billion U.S. dollars and GDP per capital would be 1,036 U.S. dollars in 2013.
It said industry sector was expected to go up by 9 percent this year, agriculture by 4 percent, service sector by 9 percent, hotel and restaurant sector by 14 percent, financial sector by 12 percent, and real estate by 11 percent.
The government's projection is higher than those forecast by international financial institutions.
The International Monetary Fund predicted in April that Cambodia's GDP growth this year would be at 6.7 percent, while the Asian Development Bank and the World Bank put the country's growth at 7.2 percent and 7 percent, respectively.
Last year, the impoverished Southeast Asian nation achieved a 7. 3 percent economic growth, the government said.
The ministry said that the GDP volume would be around 15.19 billion U.S. dollars and GDP per capital would be 1,036 U.S. dollars in 2013.
It said industry sector was expected to go up by 9 percent this year, agriculture by 4 percent, service sector by 9 percent, hotel and restaurant sector by 14 percent, financial sector by 12 percent, and real estate by 11 percent.
The government's projection is higher than those forecast by international financial institutions.
The International Monetary Fund predicted in April that Cambodia's GDP growth this year would be at 6.7 percent, while the Asian Development Bank and the World Bank put the country's growth at 7.2 percent and 7 percent, respectively.
Last year, the impoverished Southeast Asian nation achieved a 7. 3 percent economic growth, the government said.
Editor:
Mengjie
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