Adopted by the Council of Ministers in the Plenary Session on 25 November 2011 ROYAL GOVERNMENT OF CAMBODIA.
Over the decade to 2010, Cambodia’s economy developed remarkably, with an average annual growth rate of 8%. Such growth was achieved by implementing an open market economy, based on the country’s competitive advantages, and
by providing an environment conducive to private sector investment. Political and social stability, supported by prudent fiscal and sound monetary policies, have also been fundamental for appropriate macroeconomic management. Following adoption by the
Royal Government of Cambodia (RGC) of the Vision and Financial Sector Development Plan 2001–2010, which was later updated to become the Financial Sector Development Strategy (FSDS) 2006–2015, the financial sector has also contributed to high
economic growth.