Cambodia : Staff Report for the 2011 Article IV Consultation.

This 2011 Article IV Consultation reports that Cambodia's high degree of dollarization and largely reduced fiscal space constrain the authorities' ability to cushion shocks. Macroeconomic stability hinges on prudent fiscal policies. The mission cautioned that fiscal space is limited and th...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Staff Country Reports; Country Report ; No. 2012/046
Online Access:Full text available on IMF
Description
Summary:This 2011 Article IV Consultation reports that Cambodia's high degree of dollarization and largely reduced fiscal space constrain the authorities' ability to cushion shocks. Macroeconomic stability hinges on prudent fiscal policies. The mission cautioned that fiscal space is limited and that greater consolidation efforts are needed to strengthen revenue administration and prioritize spending. The outlook for external debt sustainability has improved on Cambodia's prudent track record, but potentially large contingent liabilities from public-private power sector projects need to be carefully managed.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (67 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students