The first half of this year shook countries worldwide from the unprecedented emergence of a viral pandemic and its politicisation to the controversial death of George Floyd in the United States and the mass protests that followed denouncing racial inequality and police brutality in the country.
COVID-19 pandemic is hitting Cambodia’s main drivers of economic growth—tourism, manufacturing exports, and construction—which together account for more than 70 percent of the country’s growth and almost 40 percent of paid employment. As a result, the economy in 2020 is expected to register its slowest growth since 1994, contracting by between -1 percent and -2.9 percent, according to Cambodia in the Time of COVID-19, the World Bank’s latest Economic Update for Cambodia. Cambodia will see a huge loss in revenue generated from tourism sector of around US$3billion this year due to the pandemic spread, according to Tourism Minister Thong Khon.https://bit.ly/2ANYYDa; https://bit.ly/2UgrNPK;
