Wednesday, April 09, 2008

It's already April 2008, and Hang Chuon Naron still talks about the 2007 inflation rate: Time to wake up!

Cambodia is still confident even though the economy growth is in decline

Wednesday, April 9, 2008
Everyday.com.kh
Translated from Khmer by Socheata

Hang Chuon Naron, the deputy secretary of state of the Ministry of Economy and Finance, claimed that even if Cambodia is affected by inflation, it will not seriously affect the population in the country at all. Hang Chuon Naron said on 08 April at the UNDP office that even if Cambodia is one of the countries affected by inflation, this does not affect the population in general, and in particular, farmers are not faced with serious problem either. He indicated that the inflation issue is not particular to Cambodia alone, but that it is an issue affecting the entire region and the entire world, in spite of the fact that inflation rate in Cambodia is lower than that in Burma, Thailand, Vietnam, and China. He indicated that in 2007, the inflation rate was only 5.8%, whereas this rate in 35% in Burma, 15% in Vietnam, 9% in China, and 6% in Thailand.

6 comments:

Anonymous said...

There you go: the true inflation rate for 2007 is only 5.8%, and I was being conservative by saying 6.5%. So, what is with the panic?

Anonymous said...

Too bad we don't live in 2007 but 2008.

Anonymous said...

True, but we won't know how things will be until the end of 2008. Who know? Maybe we'll strike gold tomorrow and not have to worry about any inflation at all.

Anonymous said...

Hey you Viet troller/pimp/parasite/plunderer @1029 PM and @11:50 PM

You Viet troller/intruder admitted yourself to be a Viet-born and national here on KI-Media.

You Viet troller/intruder have been dumping tons of trashes here on KI-Media over God knows for how long.

You Viet troller/intruder pretend to be Cambodian/Khmer speaking up for Cambodian/Khmer and giving Cambodian/Khmer a bad name.

You Viet troller/intruder trash everybody here on KI-Media calling Cambodian/Khmer all sort of names to boast, to sabotage and to destroy Cambodian/Khmer for the benefit of you Viet intruder/plunderer....

Now, you Viet trash/troller/intruder/parasite call that a debate?

Does history and now a live example of you Viet trash/troller here on KI-Media tell Cambodian/Khmer anything about the Viet's trustworthiness?

Cambodian/Khmer and the whole world see and know the true colors of you Viet troller/intruder/invader/plunderer/parasite too well already.

In plain and simple English, now, and again what part of you "getting the fuck out of KI-Media" don't you understand huh you fucking Viet troller/intruder/pimp/plunderer?

Let's see you Viet pimp/parasite's tail between your legs and run on home out of KI-Media now!

Go home Viet, go home!

You will hurt the Viet and not hurting us Cambodian/Khmer by hanging around here on KI-Media and having made such comments.

Go home Viet, go home!

Anonymous said...

What do you expect and this is what you called Vietcong trained Cambodian economist!

Ahhahhahahhahahhahahhahaha!

Anonymous said...

If one is really serious baout the correct inflation rate then might have to do it on monthly basis.