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First five months of year 2020, Cambodia’s exports perform positive trends despite the threat of Covid-19 pandemic.
The update was released by Vongsey Vissoth, Permanent Secretary of State at Ministry of Economy and Finance Phnom PenhHe underlined that Cambodia’s garment sector dropped due to the suspension from EU and U.S., but other exports for instance, agricultural products, bicycles, and electronic devices increased.
The Royal Government of Cambodia is working hard to restore the national economy and respond to the fallouts due to Covid-19 pandemic, with national budget of more than US$1 billion, he continued.
The government has reserved another US$300 million for social assistance in order to support poor families and those severely affected by the pandemic.
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