Cambodia : Ex Post Assessment of Longer-Term Program Engagement

1KHMEA0012004 Image
Price:  $15.00

Release Date: © October, 2004
ISBN : 978-1-45182-169-7
Stock #: 1KHMEA0012004
English
Stock Status: On back-order

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Description

This Ex Post Assessment of Longer-Term Program Engagement for Cambodia reports its progress in implementing its economic stabilization, reconstruction, and reform programs. Prior to the normalization of relations with the IMF, Cambodia faced waves of rapid inflation and exchange rate depreciation, reflecting the government’s recurrent resort to money creation to finance the fiscal deficit as external assistance withered. With monetary instability and negative real interest rates, financial intermediation levels and confidence remain low.

Taxonomy

Fund-supported Adjustment programs , IMF governance and operations , Operations , Programs




More publications in this series: IMF Staff Country Reports