Revenue of 18% of GDP Targeted for 2021
AKP Phnom Penh, June 30, 2020 —
The Royal Government of Cambodia has targeted to generate the revenue of 18.35 percent of the country’s Gross Domestic Product (GDP) for 2021.
The indication was underlined in the annual macroeconomic and fiscal policy framework 2021 released recently by the Ministry of Economy and Finance.
To achieve this goal, the ministry has encouraged all line departments and officials to work hard and ensure full compliance with all procedures, policies and regulations.
The aimed revenue will contribute to the Royal Government’s endeavour to handle the fallouts of COVID-19 pandemic.
By Phal Sophanith