According to Xinhua, on June 5, Cambodian Prime Minister Hun Sen expressed confidence that Cambodia will get out of the status of least developed country by 6 at the latest and will achieve the goal of becoming a high-middle-income country by 2027.
Cambodian Prime Minister Samdech Techo Hun Sen. Photo: khmerpostasia.com |
“Maintaining peace and political stability is the most important prerequisite for achieving these goals,” Prime Minister Hun Sen said at the Royal University of Law and Economics of Cambodia. Prime Minister Hun Sen said that Cambodia's economy has recovered well after the pandemic, with GDP growth forecasted to reach 5,6% in 2023, up from 5,2% in 2022.
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