Cambod|a 2010 Art|c|e IV

Consu|tat|on
LxLracLed from lMl CounLry 8eporL
no 11/43
ntroduction
Art|c|e IV Consu|tat|on ls Lhe sLaff reporL
prepared by a sLaff Leam of Lhe lMl focus on
economlc developmenLs and pollcles LhaL
base on lnformaLlon avallable aL Lhe Llme
LarL aL Lhe end of Lhe year (Lhree monLhs)
rlnL on Lhe second monLh on Lhe nexL year
Peld ln hnom enh AugusL 30epLember 10
D@ AND kISS
Lxport base
growLh
lnflaLlon and credlL
exLernal poslLlon (currenL accounL and offlclal
reserve)
exchange raLe
9IC CnALGNLS
llscal ollcy/ManagemenL 8evenue
LxpendlLure and llnanclng (concesslonal
loans and granLs)
MoneLary and Lxchange 8aLe ollcy
llnanclal upervlslon
rlvaLe ecLor CrowLh
S@AII A99kAISA
Lconom|c sett|ng narrow exporL base
ut|ook and r|sks banklng sysLem (weak) buslness
envlronmenL (decreased)
I|sca| po||cy pursues ellmlnaLlon of domesLlc flnanclng
needs lncreases publlc flnanclal managemenL reform
and spendlng
,onetary and exchange rate po||cy llquldlLy
monlLorlng and lnLerbank money markeL lmprovlng
I|nanc|a| sector po||cy addresslng gaps ln banklng
secLor laws and enforclng exlsLlng regulaLlons
Lconom|c d|vers|f|cat|on enhanclng lnvesLmenL
cllmaLe and rural lnfrasLrucLure
LxLernal publlc debL
9r|or|ty reforms of Cambod|a
9romot|ng |ongterm growth and d|vers|f|cat|on
rural developmenL
Susta|n|ng the recovery flscal consolldaLlon and
managemenL of Lhe banklng secLor rlsk
Increas|ng f|sca| space lncrease flscal space
Strengthen|ng the bank|ng system LlghLen bank
supervlslon and develop a crlsls resoluLlon
framework
Improv|ng governance lmprovlng Lhe quallLy of
servlce dellvery and Lhe buslness envlronmenL
Improv|ng revenue adm|n|strat|on
(l) Lo enhance Laxpayer compllance Lhrough
audlLlng
(ll) lnformaLlon sharlng among revenue
collecLlng lawenforcemenL agencles
(lll) Laxpayer educaLlon
(lv) lmproved governance wlLhln Lhe agencles