Prime Minister Hun Sen expressed his happiness of the economic recovery and its growth of up to 5.5 percent in 2022.
The Premier made the statement this morning during the ground-breaking ceremony of the construction of a new bridge in Kratie.
Mr Hun Sen stated that the revenue of more than $6 billion is just tax revenue, without other non-tax revenue, such as income from tourist visas, mining revenue, etc.
He added that the result of this revenue collection has made Cambodia achieve the current budget surplus after the Covid-19 crisis, which increased the Royal Government’s spending.
“Happy New Year! The economy is now recovering at a rate of 5.5 percent by 2022, with 127 percent of the national budget collected, with customs revenue of $2.690 billion (104.94 percent) and tax revenue of $ 3.455 million (122 percent),” said the Premier.
For 2023, the Prime Minister expects that Cambodia will have a surplus of current budget.
This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.