1、AMRO Country Report ACR/25-06 ASEAN+3 Macroeconomic Research Office(AMRO)August 2025 AMRO Annual Consultation Report Cambodia 2025 ANNUAL CONSULTATION REPORT CAMBODIA 2025 ASEAN+3 Macroeconomic Research Office(AMRO)Page 1 of 70 Acknowledgments 1.This Annual Consultation Report on Cambodia has been p

2、repared in accordance with the functions of AMRO to monitor and assess the macroeconomic status and financial soundness of its members;identify relevant risks and vulnerabilities;report these to member authorities;and if requested,assist them in mitigating these risks through the timely formulation

3、of policy recommendations.This is being done in accordance with Article 3(a)and(b)of the AMRO Agreement.2.This Report is drafted on the basis of the Annual Consultation Visit of AMRO to Cambodia from April 2130,2025(Article 5(b)of AMRO Agreement).The AMRO Mission team was headed by Dr Jinho Choi,Dep

4、uty Group Head and Principal Economist.Members included Ms Chunyu Yang,Desk Economist for Cambodia;Dr Heung Chun(Andrew)Tsang,Senior Economist,Mr Paolo Hernando,Senior Economist;Ms Zhan(Bella)Guo,Associate Economist;Mr VansopheaktraOdorm Tep,Associate;and Mr Kuchsa Dy,Associate.Former AMRO Director

5、Dr Kouqing Li and Chief Economist Dr Hoe Ee Khor also participated in key policy meetings with the authorities.This AMRO Annual Consultation Report on Cambodia for 2025 was peer-reviewed by a group of economists from AMROs Country Surveillance,Financial Surveillance,and Fiscal Surveillance teams;end

6、orsed by the Policy and Review Group;and approved by Dr Dong He,AMRO Chief Economist.3.The analysis in this Report is based on information available up to July 16,2025.4.By making any designation of or reference to a particular territory or geographical area,or by using the term“member”or“country”in