Growing Economy Has Faults: UN Agency
By Chun Sakada, VOA Khmer
Original re****t from Phnom Penh
08 April 2008
Strong ex****ts in garments have continued to sup****t a high economic
growth rate, but Cambodia's reliance on garment manufacturing is a
"key concern," a UN economic group said Tuesday.
In an annual re****t on the region, the UN Economic and Social Survey
of Asia and the Pacific found Cambodia maintained one of the fastest
growing economies in the region, but the "narrow ex****t base" from
garments made it vulnerable.
Growth in the agricultural sector is necessary for Cambodia to reduce
poverty, the group said.
UN resident coordinator Suomi Sakai called the link between
agriculture and poverty reduction "fundamental."
The government must find a balance between producers, who want high
prices, and consumers, who don't, said Hang Chhuan Narong, secretary-
general at the Ministry of Economy and Finance.
The government must also balance high growth rates with high inflation
pressure, he said, adding that the government would also continue a
"reform program" to increase agricultural productivity.
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