For Claude Periou, CEO of the French financial institution Proparco, the economic situation in Cambodia bodes well. “It’s a country in the process of turning things around,” he said at a press conference on Friday in Phnom Penh. “When we look at the growth rate of 7.4 percent, at the slow but gradual improvement of people’s individual income, at the still modest but significant development in the export sector, the growth in tourism…I say that Cambodia is making progress on the road to economic growth…although the gap with some of its neighbors remains wide.” This is why Proparco
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