Posted inCambodia

Pandemic math not adding up in Cambodia

While governments worldwide spend extravagantly to buffer their economies from the Covid-19 pandemic’s ill-impacts, Cambodia is instead tightening its belt. Last week, Phnom Penh surprised observers by announcing it would slash next year’s state budget by around 50%, notably at a time regional neighbors like Thailand and Singapore are rolling out richly-financed rescue programs.  Specifics […]