Don’t Wish Any Nations to Fail, Says Cambodian PM

Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen said here this morning that all nations in the world needs to depend on each other, therefore do not wish any nations to fail or go bankrupt.

While presiding over a graduation ceremony of Vanda Institute, Samdech Techo Hun Sen said the current bankrupt of Sri Lanka had caused headache to the International Monetary Fund (IMF) and the world.

We should not wish Thailand or Vietnam or the U.S. or China and other any nations down, if each of themdefaults, we all fall into trouble,” he underlined, adding that the world now should compete for win-win, not for lost-lost.

Samdech Techo Prime Minister reaffirmed that every nation is Cambodia’s trade and development partner, therefore we have to depend on each other.

At the same time, Samdech Techo Hun Sen also expressed his optimism of the national development and progress.

On Mar. 20, 2023, Samdech Techo Hun Sen said before 2003, the total national revenue was only 1,821 billion Riel while the national expenditure was some 2,994 billion Riel, then 20 years later, in 2023, the national income is estimated to jump to 32,936 billion Riel, while the total expenditure would reach around 41,537 billion Riels.

With this excellent performance indicator, Cambodia has seen continued economic growth until it achieved the status of a lower middle-income country in 2015, said the Premier, stressing that the Kingdom is confidently moving towards becoming an upper middle-income economy by 2030 and a high-income nation by 2050.