Hun Manet: Strive to achieve an average annual economic growth rate of 6.5% in the short to medium term
Recently, Cambodian Prime Minister Hun Manet delivered a speech at the 2025 Cambodia Outlook Conference on the theme of "Cambodia's New Growth Strategy: Priority for High Quality and Sustainable Development". He stated that Cambodia's economy is expected to maintain strong growth of 6.3% in 2025, thanks to the rebound of major export industries such as clothing and non clothing manufacturing, tourism and services, as well as stable growth in agriculture. In addition, the government holds an optimistic attitude towards achieving an average annual growth rate of 6.5% in the short to medium term.

Cambodian Prime Minister Hun Manet expects the Cambodian economy to achieve 6.5% growth in the short to medium term. Cambodia not only demonstrates resilience in responding to the public health crisis, but also excels in the impact on education, social security, finance, and the economy. Hun Manet expressed the hope that this meeting can achieve practical and feasible results to support this vision. He also emphasized two key challenges facing Cambodia's development. First of all, although the economy has recovered its growth potential, the COVID-19 crisis has left lasting scars and slowed down the pace of national development. Secondly, like the global and regional economy, Cambodia is still in a transitional stage of multiple crises, with one crisis often overlapping with another. These factors include increasing protectionist policies, trade wars, global supply chain disruptions, rising international commodity prices, geo economic and trade fragmentation, and the escalating impacts of climate change and natural disasters. These interrelated crises have caused rapid and unpredictable changes in the global economic landscape, posing direct and indirect challenges to Cambodia's economy and society. Hun Manet calls for proactive measures to address these risks and ensure sustainable development amidst ongoing uncertainty.
The government will implement the "2025-2028 Plan to Enhance Competitiveness, Diversification, and Resilience in a Highly Uncertain Global Environment to Drive Economic Growth", with a focus on three pillars, including short-term to medium-term sectoral economic support plans and plans to prepare for graduation from least developed country status to ensure a smooth exit.
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