Aug 28, 2014
Cambodia is well on track to achieve Millennium Development Goals 1, 4, 5 and 6, and poverty rate is set to fall further below 20 percent in 2014. Declines in infant and maternal mortality have already exceeded 2015 targets (CMDG Report, 2013). Despite the anxieties and concerns in the run-up to the election, Cambodia’s economy continued to grow, reaching 7.6 percent growth in 2013 and sustained by garment exports, tourism and construction. With GDP per capita at US$1,036 compared to approximately US$200 in 1992, Cambodia is well on its way to be ranked as a lower middle-income country (MIC) in the near future.