Cambodia draws up plan for post-COVID-19 economic recovery

Xinhua, May 26, 2021
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People receive their first doses of China's Sinovac COVID-19 vaccines at a vaccination site at the Diamond Island in Phnom Penh, Cambodia, on May 12, 2021. (Photo by Phearum/Xinhua)

Cambodian Prime Minister Samdech Techo Hun Sen said that the Southeast Asian country has been drawing up a three-year plan for post-COVID-19 economic recovery.

Delivering a speech at the 26th International Conference on "The Future of Asia" via video conference held recently, Hun Sen said Cambodia is committed to turning the COVID-19 crisis into the opportunity for more in-depth reforms, aimed at building stronger and more resilient economic and social system against any future crises.

"In this regard, the Royal Government of Cambodia has been preparing and planning to launch the Post-COVID-19 Economic Recovery Plan 2021-2023, with the objective to revive economic growth back to the growth potential with sustainability and inclusiveness," he said.

The prime minister said Cambodia would focus on ensuring safety, managing impacts, stabilizing and promoting the revival of potential businesses, especially the hard-hit sectors, and speedily creating jobs.

The prime minister also highly valued China for providing COVID-19 vaccines to the country, which has been playing a vital role in the Kingdom's fight against the pandemic and efforts to boost economic recovery.