Prime Minister Hun Sen announced on Wednesday that Cambodia People’s Party (CPP) continues its ambition to turn Cambodia into a lower middle-income country by 2030 and to become a high-income country by 2050.
According to the premier, in order to achieve better results and development, the Royal Government has to put a lot of efforts in solving the remaining issues.
The premier also emphasized the decrease of Cambodia’s poverty rate. The rate remains under 10%, compared to other developed countries that have the rate between 20-30%, according to UN.
He reiterated that CPP has set clear policies for development in short, medium, and long terms.