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The Regional Economic Comprehensive Partnership (RECP) is all set to play a vital role in Cambodia’s journey towards economic prosperity, fuelling the nation to become a high middle-income country as early as 2028, opine experts.
A leading developmental economist and expert on Cambodian economic affairs has urged the government to scrutinise Foreign Direct Investments (FDIs) before giving the nod for implementation.
In a significant move to boost the education sector in the country, the Royal Government of Cambodia has decided to extend the tax reliefs enjoyed by higher educational institutions till now to all educational establishments from January 2024 for five years until the end of 2028.