Hun Sen estimates that the rate of poverty will be at 30% in 2008
29-02-2008
By Ky Soklim
Cambodge Soir Hebdo
Translated from French by Luc Sâr
The economic growth in the country for 2008 was evaluated at 7.3% versus 9.6% for 2007, and 10.8% in 2006. That was what Hun Sen announced on Thursday 28 February during a conference on economic outlook for the country in 2008.
Hun Sen self-complimented for these numbers, but he regretted that the growth was not distributed equally and equitably.
In 1994, the rate of poverty was at 47%. In 2004, it fell to 24%. No actual survey (on poverty rate) was made in 2004, but based on an (assumed) reduction of more than 1% per year, Hun Sen estimated the rate of poverty at 30% in 2008.
He recalled that the GDP per capita is $589, but that this would reach $1,000 in 2015.
29-02-2008
By Ky Soklim
Cambodge Soir Hebdo
Translated from French by Luc Sâr
The economic growth in the country for 2008 was evaluated at 7.3% versus 9.6% for 2007, and 10.8% in 2006. That was what Hun Sen announced on Thursday 28 February during a conference on economic outlook for the country in 2008.
Hun Sen self-complimented for these numbers, but he regretted that the growth was not distributed equally and equitably.
In 1994, the rate of poverty was at 47%. In 2004, it fell to 24%. No actual survey (on poverty rate) was made in 2004, but based on an (assumed) reduction of more than 1% per year, Hun Sen estimated the rate of poverty at 30% in 2008.
He recalled that the GDP per capita is $589, but that this would reach $1,000 in 2015.
