The World Bank presented a bleak outlook for Cambodia’s economic prospects on Friday, with its annual update for the country projecting a growth rate of between negative 1.0 percent and negative 2.9 percent, the worst slowdown, it said, since 1994.
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An analysis released yesterday by UNICEF and Save the Children showed the number of children living in poor households may increase dramatically by the end of this year unless urgent actions are taken – a probability triggered by the economic fallout of the COVID-19 pandemic.
As the number of unemployed climb day by day and with limited employment opportunities, mounting debts and lack of economic opportunities, Cambodia risks being left behind by its bigger Asean partners.
Cambodia is facing a new wave of human trafficking as desperate workers use illegal means to cross closed borders in the hope of finding work in Thailand, officials have warned.https://bit.ly/2ZMWtvv;
