Cambodia stands out among ASEAN+3 member economies for its high degree of dollarization. While dollarization has facilitated financial transactions, trade and investment, it also requires banks to meet liquidity demand in both US dollars and Cambodian riel.

The ASEAN+3 Macroeconomic Research Office (AMRO) and the Ministry of Economy and Finance of Cambodia (MEF) are launching an unprecedented technical assistance project in 2026 to boost the mobilization of Cambodia’s domestic revenue. This initiative is the first pilot of the SPIRIT framework (Structural Policy Improvement and Review Instrument with Technical Assistance) and marks a major milestone in ASEAN+3 regional cooperation.

Cambodia’s economy is projected to grow by 5.6 percent in 20241 and 5.9 percent in 2025. The recovery momentum is driven by a rebound...

The ASEAN+3 Macroeconomic Research Office (AMRO) released on Thursday its regional economic outlook, confidently predicting a positive year