AKP Phnom Penh, April 29, 2026 --

The Ministry of Economy and Finance (MEF) held talks with a delegation from the ASEAN+3 Macroeconomic Research Office (AMRO) to review Cambodia’s economic outlook, according to a statement released on April 29.

The meeting, held in Phnom Penh on Tuesday, was led by H.E. Dr. Phan Phalla, Secretary of State at the MEF, and Mr. Yasuto Watanabe, President of AMRO.

H.E. Dr. Phan Phalla highly valued AMRO’s annual assessments in helping shape Cambodia’s economic policy direction, noting that the mission’s recommendations serve as an important reference for the Royal Government in responding to an increasingly complex global environment.

For his part, Mr. Yasuto Watanabe commended Cambodia’s proactive management of macroeconomic stability despite persistent external shocks.

According to AMRO’s assessment, the Kingdom has maintained solid growth momentum, supported by resilient exports, stable foreign direct investment inflows, and timely government interventions to safeguard production and socio-economic stability.

However, AMRO cautioned that significant risks remain for 2026 and beyond.

These include rising energy prices linked to tensions in the Middle East, slowing global trade, growing protectionism, vulnerabilities in the banking sector due to increasing non-performing loans, and uncertainties surrounding regional border issues.

Despite these challenges, AMRO projects Cambodia’s economy to grow by 4.9 percent in 2026.

By Sum Kosal