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World Bank Warns Cambodia’s 0.8% Productivity Growth Is Less Than Half of What Vision 2050 Requires, With 41% of Informal Firms in Survival Mode
Summary by Cambodia Investment Review
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World Bank Warns Cambodia’s 0.8% Productivity Growth Is Less Than Half of What Vision 2050 Requires, With 41% of Informal Firms in Survival Mode
Cambodia Investment ReviewThe World Bank has presented new analytical findings on Cambodia’s informal economy and business competitiveness to the Ministry of Industry, Science, Technology & Innovation (MISTI), highlighting a significant productivity gap that could constrain the country’s long-term growth ambitions if left unaddressed.The briefing comes as Cambodia advances a series of reforms aimed at strengthening MSMEs, improving the business …
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