Cambodia aims to become high-income country in 2050
Cambodia has set a target of becoming a high-income country by 2050, stated Cambodian Prime Minister Hun Manet while addressing the 78th session of the UN General Assembly in New York on September 22.
Cambodian Prime Minister Hun Manet addresses the 78th session of the UN General Assembly (Photo: AFP/VNA)
He said that like other developing countries, Cambodia has a lot more to do to reach its goal of becoming an upper-middle-income country by 2030 and a resilient, vibrant and prosperous high-income country by 2050.
The Cambodian PM underlined that his government is committed to taking transformative actions through the recently launched Pentagonal Strategy for Cambodia's socio-economic development over the next 25 years.
The Pentagonal Strategy's Phase I is underway, focusing on the five areas of growth, employment, equity, efficiency, and sustainability, he said, adding that the five key priorities are people, roads, water, electricity and technology, especially digital technology.
PM Hun Manet said that the country is steadily transitioning from a least developed country status to a developing country status in 2027. He said the country’s economic growth is expected to continue expanding 5.6% in 2023, up from 5.2% in 2022./.
You should also see
10th anniversary of UNESCO's recognition of Trang An as world natural and cultural heritage marked
A ceremony was held in the northern province of Ninh Binh on April 26 evening to celebrate the 10th anniversary of UNESCO's recognition of Trang An Landscape Complex as a World Cultural and Natural Heritage Site.
See more
World
Indonesia’s coffee exports surpass imports
Indonesia’s coffee exports have surpassed imports for 47 consecutive months since May 2020, the Central Statistics Agency (BPS) has reported.
World
Thailand expects wave of tourists during Golden Week
The Tourism Authority of Thailand (TAT) estimates that about 996,000 foreign tourists will visit the Southeast Asian country between April 26 and May 5, known as the Golden Week holidays in Japan, during which Chinese tourists also prefer to travel overseas.
World
Argentinian media praises Dien Bien Phu Victory
Argentinian newspapers have called Vietnam's Dien Bien Phu Victory (May 7, 1954) a symbol of the national liberation movement of oppressed and colonialised peoples worldwide.
World
Laos speeds up granting licences to foreign workers
Laos's Ministry of Labour and Social Welfare plans to issue visas to illegal foreign workers and extend permits to legal ones so that they can continue to work in the country.
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
