Cambodia: Navigating External Headwinds Through Targeted Support and Rebuilding Fiscal Buffers

Cambodia has navigated the COVID-19 pandemic well. Apart from the quick roll-out of vaccines, the government support measures have mitigated economic scarring and prevented households from falling into poverty.

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ASEAN+3 Regional Economic Outlook: Five Key Takeaways

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With many ASEAN+3 (comprising 10 member states of the ASEAN, and China; Hong Kong, China; Japan; and Korea) economies now fully reopening their borders, the region’s economic activity in the first half of 2022 has benefitted from a revival in domestic demand, supported by greater mobility and a pick-up in manufacturing.

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Perfect Storm Drives Soaring Food Prices

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You have probably noticed how a trip to the grocery store has become a more costly affair compared to a year ago. A quick glance at the news explains why: the pandemic-induced supply chain disruptions, later exacerbated by the war in Ukraine, caused the surge in global energy and agricultural commodity prices. Together with higher transport prices, they have created a “perfect storm” of global food price inflation.

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